Cala Cash Helps Bosses Buy Willenhall Tube & Forging ; Housebuilding

Summary

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The sale of a Walsall manufacturing site to a Birmingham-based housebuilder has helped fund a management buy-in at a metal fabricators and tube manipulators, safeguarding 34 jobs and securing the future of the company.

Cala Homes (Midlands) has unconditionally acquired the 2.8 acre site in Bentley Lane for an undisclosed sum, which has been used to support the management acquisition of Willenhall Tube & Forging.

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Extract

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Cala Cash Helps Bosses Buy Willenhall Tube & Forging ; Housebuilding

Peter Fellows and Graham Barrows have acquired the company from the family owners in a deal advised on by accountants Horwath Clark Whitehill.

Between t...

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