Partner Article
Dewsbury combustion supplier sold to global engineering firm
Dewsbury-based Hotwork Combustion Technology Limited, has been sold to global engineering firm Sterling Industries plc.
The supplier of combustion equipment to the metals and associated process industries employs 42 people, and will now operate as an independent company within the Combustion Technology Division of Sterling.
The deal will see Hotwork’s owners, David Robinson and Brian Crowther, remain with the company for an extended period of time.
Law firm Cobbetts advised Hotwork on the sale, with a team comprising partner Guy Jackson and associate Alexandra Birch.
Mr Jackson said: “David Robinson and Brian Crowther have worked hard to develop Hotwork into the industry-leading business that it is today. The sale represents a new era for Hotwork, which will benefit from Sterling Industries’ access to global markets and clients.”
Sterling Industries is owned by engineering holding group, Caledonia Investments, and employs a global workforce of 450, with a reported turnover of £70m.
This was posted in Bdaily's Members' News section by Tom Keighley .
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