27
Mar
15:17
Barrett Steel acquires Aartee Bright Bar
Aartee Bright Bar (ABB) administrators Alvarez & Marsal Europe have sold the insolvent UK engineering steel distributor to Barrett Steel Limited for £13 million ($16m).
The acquisition encompasses Aartee Bright Bar Limited’s distribution business, located in Rugby, Bolton, Newport and Southampton, and its Bright Bar business operating out of Willenhall, as well as Aartee Bright Bar Property Limited’s freehold and leasehold interests at these …
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Anonymous
Very good overview of the weekly steel market.
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