Stainless Metalcraft has acquired the trade and some assets of Jordan Manufacturing, a supplier of manufacturing services the nuclear, industrial and oil & gas markets.
Jordan Manufacturing, which was part of the Redhall Group, went into administration on 17 June, with all employees being made redundant. The trade and selected assets will now be integrated into Metalcraft’s operations in Chatteris, Cambridgeshire.
Austen Adams, managing director of Metalcraft, said: “I’m really pleased we’ve been able to complete this deal, which follows hot on the heels of our acquisition of Booth Industries from administrators in June this year.
“Jordan Manufacturing provided specialist manufacturing and fabrication services for a number of high-profile clients, primarily in the nuclear, industrial and oil & gas markets.
“The acquisition strengthens Metalcraft’s position as a key player in the nuclear supply chain and is part of our mission to develop the business to become a global leader in high-value, niche engineering sectors.”
Redhall Group announced plans to appoint administrators to a number of its businesses in May, with Metalcraft acquiring Bolton-based Booth Industries on 10 June, saving 90 jobs.
PIC - Austen Adams