Downstream Products News - General

Bridge Aluminium acquires automotive components casting firm Grainger & Worrall Engineering

AL Circle

Leicester-based Bridge Aluminium has officially bought the proprietary right of Grainger & Worrall Engineering, a firm that excels in producing aluminium casting components for the automotive industry.

Bridge Aluminium acquires automotive components casting firm Grainger & Worrall Engineering, Alcircle News

{alcircleadd}

This premeditated agreement will be very crucial in protecting the 36 employees already working under the casting company. The Bridgnorth situated iron or aluminium castings manufacturing unit has been a major supplier in the automotive, precision engineering and machine parts producing subsector.

Grainger & Worrall Engineering has selected Daniel Smith and Paul Meadows, belonging to Teneo Restructuring, to conduct the entire insolvency decorum.

The director of Bridge Aluminium, Grainger & Worrall Engineering, Chris Shield, exclaimed: “We have significant growth plans for the business and look forward to creating a successful business at the site.”

“Its skilled workforce and processes will allow us to expand our capability in complex castings for both production and pre-production volumes, continuing our development in non-ferrous casting by adding the sand-casting process to our existing portfolio of gravity, low-pressure and high-pressure capabilities,” Shield clarified.

Paul Meadows stated: “I’m very pleased that following an accelerated sale process, we have been able to secure a future for the business that safeguards the jobs of all 36 employees at Grainger and Worrall Engineering Limited.”

Bridge Aluminium took legal advice from Sean Moran of Shakespeare Martineau LLP. Other than that, ancillary legal support was given by Jenna Poulton of Eversheds LLP.

Global aluminium expo 2023

This collaboration might be elementary to the UK’s automotive sector as the creation of high-precision aluminium castings, or irons parts can be easily accomplished from now on.

Edited By:


This news is also available on our App 'AlCircle News' Android | iOS


Alternate Text
EPIQ Machinery

A world class equipment designer specialized in developing innovative & effective solutions for heavy equipment, vehicles, and material handling systems

Alternate Text
RIA Cast House Engineering

Leading supplier of rail mounted precision Furnace Charging Machines and Furnace Skimming Machines

Alternate Text
Altek

Leading manufacturer of value-added equipment for the aluminum casthouse

Alternate Text
Jagannath Company

Manufacturers & Supplier of Magnesium Metal and Aluminium Foundry Chemicals

Alternate Text
CETAG

A supplier of proven systems and an expert adviser in aluminum casthouse technology, offering its services worldwide to the aluminum industry.

Related
Business Leads
Interested to buy aluminium ubc scrap. Destination : India ...
22-Mar-2024 Buying request

Interested to buy aluminium scrap. Destination : India
22-Mar-2024 Buying request

Interested to buy aluminium ingot LM25 on monthly basis. De...
22-Mar-2024 Buying request

Read this news article and much
more on the AL News app
Get real-time news and business
lead alerts on your phone
SUBSCRIBE NOW
Market

Market

Project

Project

Technology

Technology

Leads

Leads