Call our Sales Team on 0208 912 2120

ABM buys half share in Murfitt

30th December 1966
Page 29
Page 29, 30th December 1966 — ABM buys half share in Murfitt
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.

Which of the following most accurately describes the problem?

Keywords : Business / Finance

ASSOCIATED British Maltsters Ltd. has re' vealed that at the beginning of December it acquired a half interest in the Murfitt Group of Companies for £250,000.

The move was described as a "first stage" by ABM's chairman, Mr. David L. Nicolson, who said its policy was to expand and diversify and one way was in engineering related to the bulk handling of grain. He added: "We have faith in the products the company makes and these can be expanded in the future, prosperously, for the world market."

Originally formed by Mr. Ralph Murfitt in 1956 as a single company specializing in bodybuilding for commercial and agricultural vehicles, the group now comprises the parent company of R. Murfitt Ltd. with subsidiaries Murfitt (Bulk Transporters) Ltd., Murfitt Engineering (Plastics) Ltd. and Murfitt Continental SA.

Bulk transporters, tippers and pressure tankers —including the extremely successful movingbulkhead type of vehicle—are built at a 60,000 sq.ft. factory at Wisbech. The moving-bulkhead design was developed in association with ABM, and its manufacture is planned soon on the Continent at the Murfitt Group's 30,000 sq.ft. factory in Belgium.

New Metalock Company: From January Metalock (Britain) Ltd., is to form a new company in the North. Known as Metalock (North England) Ltd., the company will handle all repairs in N. Riding, Co. Durham. Westmorland, Cumberland and Northumberland up to the Scottish border. Mr. Peter Johnston, managing director of John .Morfield Ltd., Metalock's present agents in the North, will become managing director of the new company.

Skafko's 29th: A new area sales headquarters at Saltmeadows Road, Gateshead, is the eighth new sales office (its 29th in Britain) to be opened in 1966 by the Skefko Ball Bearing Co. Ltd., of Luton.

comments powered by Disqus