Aycliffe-based Hydrofit acquired in takeover deal
By Martin Walker March 23rd, 2016 In Business 0 commentsAltec Hydraulics, the North Shields-based specialist hydraulic engineering company, has announced a deal to acquire the assets and trade of Hydrofit Alliance. Established in 2012, Newton Aycliffe-based Hydrofit Alliance had suffered recent challenges, particularly due to the market downturn in the Oil and Gas sector, leading the directors to...
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