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Wed November 20 2024

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Billington completes Sherling acquisition

21 Dec 15 Structural steelwork firm Billington Holdings has completed its acquisition of a Barnsley-based steel processing.

Sherling Steel's plant in Shafton, which Billington has bought
Sherling Steel's plant in Shafton, which Billington has bought

, Billington has bought equipment and other assets from Sherling Steel (UK) and the property it occupies in Shafton from Sabler Enterprises. Total price for the two purchases is 拢4.88m.

Billington chief executive Mark Smith said "I am pleased the acquisition of the site at Shafton along with the in situ plant and machinery has been completed successfully. The facility enhances Billington's capacity and capabilities and we are now able to provide wide offering of steel processing services through Shafton Steel Services. It is an exciting period for the company and presents significant opportunity to further develop the group".

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