Melrose Fastens Deal with Petrus ; Engineering

Birmingham PostMay 19, 2007

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Summary


Engineering group Melrose has completed the sale of part of fastener-maker McKechnie PSM to Petrus Holding (BVI) for pounds 29.5 million in cash.

PSM manufactures and distributes specialised fasteners and joining systems primarily for the IT and automotive markets.

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Melrose Fastens Deal with Petrus ; Engineering

It has operations across t...

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