Friday, November 23, 2007

News: Firth Rixson sold for £945m

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Firth Rixson has been acquired by New York-based Oak Hill Capital from global investment group Carlyle in deal worth £945m. The engineering firm which has UK headquarters in Sheffield and a site for engineering rings in Rotherham, generates annual revenues of around £500m, primarily from the sale of products to aerospace engine manufacturers.

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