Engineering firm in £38m buy out deal

A LANARKSHIRE engineering firm which makes storage tanks and gas holders has been bought over for £38 million.

Loading Comments
Share
Print

Cape plc announced its acquisition of Motherwell Bridge yesterday.

Motherwell Bridge employs about 300 people and generated profit of nearly £5 million on a revenue of £34.6 million in 2012.

The firm's chief executive Russell Ward described the sale to Cape plc - an international provider of critical support services to the energy and mineral resources sectors - as an "excellent deal".

Business

Commenting & Moderation

We moderate all comments on Evening Times on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well and trust you then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.

155416

Have you got a story?

Contact the news desk on 0141 302 6520 or email news@eveningtimes.co.uk
A weekly round up of social highlights

A weekly round up of social highlights

Cat's Eyes on Glasgow

Here are my highlights from my visit to the Edinbrugh Fringe.

Times Out

Entertainment

Lifestyle

TV Advert
Gail’s Gab

Gail’s Gab

Gail Sheridan is a mother-of-one and wife to Tommy and she likes to get political with the hot topic of the week in her column Gail’s Gab.

Michelle McManus

Michelle McManus

Sussed in the City

I had an ice scream on the bucket challenge.

Janice Bell

Janice Bell

You couldn’t make up half the stuff that happens to PA Janice Bell- some of the jams she gets herself into are worth a story or two.