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Eliza Tinsley, the manufacturer of chains, ropes and hardware, has been bought out of administration by the Atlantic Group of India, securing the future of up to 90 jobs at Cradley Heath.
Eliza Tinsley has sold its MH Berlyn tools manufacturing operation in Cradley Heath out of administration to H&E Knowles, securing the future of 60 jobs.
Eliza Tinsley has acquired MH Berlyn Group, the Cradley Heath-based supplier of consumer products with 70 staff, for £2.2m.
Eliza Tinsley is to acquire ForTeq of Italy for £1.8m, as part of a strategy to expand its off-highway products business in continental Europe.
Eliza Tinsley has sold its Belcot tool business to management for £3m, and is now looking for acquisitions to expand its sub-assembly range for off-highway vehicles.
Eliza Tinsley is to acquire James Dickie, the US engineering group, for £12.6m, which will provide its first US manufacturing base.
Eliza Tinsley is acquiring Evenwood Engineering and GR Smithson to expand its services to farming and building suppliers, for a combined total of over £5m.