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Motherwell Bridge

Motherwell Bridge has sold Nayler Petroseals, the industrial seals supplier, to US-based HMT for undisclosed terms.

Motherwell Bridge is forming a strategic partnership with Entec Biogas of Austria to expand into the UK anaerobic digestion sector by tendering for large-scale projects.

Motherwell Bridge has sold MB Inspection, the provider of oil and gas inspection services with 350 staff in Yarmouth, Falkirk, Stockton and Aberdeen, to Dutch firm RTD for undisclosed terms.

Motherwell Bridge has sold its MB Aerospace and MB Faber aerospace and handling operations to a management team for undisclosed terms, including 185 staff in Motherwell and Lancashire.

Motherwell Bridge, the engineering group with 1,100 staff, has undergone a £15m management buy-out backed by JO Hambro Capital Management.

Motherwell Bridge is to relocate its Fielding & Platt hydraulic press factory from Gloucester to Leeds, with the loss of up to 40 jobs.

Motherwell Bridge has sold its information systems division to a management team led by venture capital group 3i, in a £75m deal.

Motherwell Bridge has acquired Thomas A Metcalfe, the Manchester-based distributor of welding consumable products, for undisclosed terms.

Motherwell Bridge's Portman Travel business travel subsidiary has been bought by management for £21m.