Leading Black Country law firm George Green LLP has advised
Westley Group on the sale of Mathers Foundry to WPIL Limited for an
undisclosed amount.
WPIL Limited is quoted on the Mumbai stock exchange, and is one
of the leading combined pump manufacturers and high grade alloy
steel casting foundry groups in India. Based in Cradley Heath,
Westley Group is one of Europe's largest ferrous and non-ferrous
foundry and engineering groups, consisting of five brands. The
group employs more than 200 people and has a turnover in excess of
€30 million. Associate Clare Martin led the George Green
advisory team and Clyde & Co represented WPIL Limited.
James Salisbury, Westley Group's Managing Director said "We are
very pleased to have been responsible for the formation and
development of Mathers Foundry, whose core competence of
manufacturing complex, high grade steel alloys for use in
challenging environments exactly complements the WPIL Group of
companies. We are proud to have worked with the Management Team and
all the employees in Mathers Foundry; the business will continue to
be ran from it's facility in Manchester with its existing
Management Team, led by Colin Toft."