23
Mar
00:00
Stemcor divests UK stockist B+M
UK-based trader Stemcor has sold its UK general stockist and steel fabricator Barclay & Mathieson (B+M) to MBM Group Services, a company, which is chaired by Derek Myatt of Meridian Metal Trading (Meridian). As well as its affiliation with Breal Capital and Alcyon Capital, MBM is in a strategic partnership with Meridian, which turns over some £100 million plus of flat products through its processing and stockholding, according to a Stemcor press rele…
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