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ROP-FORGERS TO MERGE? MERGER is taking shape among three drop-forging

9th October 1953, Page 37
9th October 1953
Page 37
Page 37, 9th October 1953 — ROP-FORGERS TO MERGE? MERGER is taking shape among three drop-forging
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concerns. The tend Stamping Co:, Ltd., Birming, propose to take over South Wales ternasters and a subsidiary, Blackh Stamping Co., Ltd„ Birmingham. .ils have been approved by South :ts Forgemasters and will be placed re shareholders of the Deritend ping Co., Ltd., on October 16.

te new group will have assets totalLim. It will be controlled by a d including Mr. C. W. Perry. -man and managing director of h Wales Forgemasters and Black-1 Stamping. and Mr. L. Sivval, another director of these two concerns. Mr. Perry will become joint managing director with Mr. R. W. N. Danielson, works director of the Deritend Stamping Co., Ltd.