Castle Looking Unassailable After Takeover ; Support Services

Birmingham Post › September 28, 2007

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Summary

Castle Support Services, the company formed last winter when the Birmingham industrial repairer Dowding & Mills was merged in a reverse takeover with the owner of the John Holt pension fund, has now combined the two pension schemes and started to reap the benefits.

Numbers published yesterday for the ten months to June show a pounds 3.49 million "gain on pension settlement" alongside operating profits of pounds 10.1 million as DM benefits from the manufacturing boom. On a yearly comparison, operating profits are up by 210 per cent with sales nine per cent higher.

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Castle Looking Unassailable After Takeover ; Support Services

"Growing demand for power has ...

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