CZP | 07 February 2007 г. | 13:36

Chelyabinsk Zinc Plant Completed Acquisition of Brock Metal

Chelyabinsk Zinc Plant on the 29th of June, 2007, completed the acquisition of Brock Metal business (Norton Canes, Cannock, Staffordshire), the leading UK supplier of zinc and aluminum die-casting alloys, from the Alumasc Group plc.
The transaction is worth £0.35 million plus an amount of £7.8 million which equals to the estimated working capital at the closing date. All of Brock’s existing management team and employees will transfer with the business.
Brock Metal was, prior to the completion of the acquisition, a part of the Alumasc Group plc - the premium building and engineering products group. In the year to 30 June 2006, Brock’s operating profit was £0.7m on revenue of almost £40m.

Source: Metal Supply and Sales
View count: 173

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