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Haden MacLellan has sold its industrial services division for £15m, as part of a restructuring programme to focus on industrial fasteners.
Haden MacLellan is planning to sell its process engineering division to its US management, in order to focus on the manufacture and distribution of fasteners.
Haden MacLellan has acquired MBS Distribution, the industrial fastenings company, from Vector Industries for £24m, which will enable it to expand further into Europe and increase its presence in the automotive market.
Haden MacLellan has sold Duport Harper Foundries to a management team for £10.4m.
Haden MacLellan has bought IFS, the industrial fasteners concern, for £12m, in order to increase its presence in the north of England.
Haden MacLellan, the engineering concern, has bought Brandt Filtration Group of Atlanta, Georgia, for $3m.