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Centrica Completes £1.1 Billion Norwegian Asset Acquisition

Centrica plc, the parent company of British Gas, has today completed its $ 1,525 million (£936 million) agreement with Statoil Petroleum AS to acquire…
BizForums – UK

MB Aerospace Holdings Acquires Gentz Industries

MB Aerospace Holdings Acquires Gentz Industries

MB Aerospace Holdings Acquires Gentz Industries

MB Aerospace Holdings Ltd, one of the UK’s leading aerospace companies, has announced a multi-million pound acquisition of US-based Gentz Industries.

The strategic acquisition doubles the size of MBAe’s current operations creating an international brand with total revenues in excess of $80m per annum. The group will focus on the supply chain management, manufacture and repair of highly complex machined and fabricated components for global aerospace and defense original equipment manufacturers. [Read more…]