Specialist engineering business Metalrax has suspended its shares on the Alternative Investment Market and is preparing to call in KPMG as administrators.
UK engineering and technology companies have repeatedly proved their excellence across a range of industries, so imagine what they could achieve if they had the right kind of backing. Marc Barber reports
Northampton-based Associated Engineering Services (AES) has been bought by its management in a deal led by managing director Paul Leeson, James Harman and Phil Mitchell.
Design and engineering group Scott Wilson has agreed to buy a mechanical and electrical building consultancy in a bid to strengthen its underground infrastructure services.
Mid-market private equity house Dunedin has invested £9 million in a business that provides engineering and product development services to all UK-based Formula 1 teams.