MandADeals
Search the site:
Print
Email
Text size
Comment

Wagon in £24 million takover

Sonas Group, an automotive stampings manufacturer for cars, vans and trucks, has bought the automotive business of car components group Wagon plc.

The £24 million deal was backed by asset-based lender Landsbanki Commercial Finance.

The acquired business, which has plants in Birmingham, Wantage and France, employs more than 1,000 people and generates an annual turnover of £100 million.

Users comment

There are currently no comments on this post. Leave a comment

 
You have to be logged in.