Strategic acquisition provides boost for engineering firm
A specialist engineering firm’s plans to diversify have received a significant boost with a strategic acquisition. Derbyshire based Greenbank Group has announced a buyout of Franklyn Yates Engineering for an undisclosed sum and, while the two firms will continue to operate independently, the deal opens up a wealth of new opportunities Both companies enjoy a strong reputation for engineering excellence across a wide range of industrial sectors, and the acquisition is set to broaden Greenbank’s expertise and manufacturing capacity as…