InfraStrata has announced the acquisition of substantially all of the assets of Burntisland Fabrication Limited (Bifab) out of administration for £0.65m (plus £0.2m if stretch targets are achieved). Situated in Scotland, the two sites acquired are well-located for the growing fabrication requirements needed for wind farms in the North and Irish Seas. With an increasingly favourable industry backdrop supported by government policy, and InfraStrata only requiring the conversion of a very small pro ....
12 Feb 2021
Cenkos: InfraStrata Plc -- Acquisition of Bifab's assets
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Cenkos: InfraStrata Plc -- Acquisition of Bifab's assets
Harland & Wolff Group Holdings PLC (HARL:LON) | 12.8 0 0.0% | Mkt Cap: 22.1m
- Published:
12 Feb 2021 -
Author:
Peter Renton -
Pages:
7
InfraStrata has announced the acquisition of substantially all of the assets of Burntisland Fabrication Limited (Bifab) out of administration for £0.65m (plus £0.2m if stretch targets are achieved). Situated in Scotland, the two sites acquired are well-located for the growing fabrication requirements needed for wind farms in the North and Irish Seas. With an increasingly favourable industry backdrop supported by government policy, and InfraStrata only requiring the conversion of a very small pro ....