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Tag Archives: Graham Engineering

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K-TIG confirms UK acquisition not going ahead

Manufacturing NewsBy Staff ReporterFebruary 16, 2024

Automated welding company K-TIG has announced that an acquisition of UK’s Graham Engineering Limited (GEL) will not go ahead, blaming a challenging environment and GEL’s trading performance. In a short statement on Friday morning, the company confirmed that the planned acquisition – first shared by company in January last year, and aimed at gaining K-TIG…

K-TIG falters in purchase of UK nuclear engineering business

Manufacturing NewsBy Staff ReporterSeptember 4, 2023

Rapid welding technology manufacturer K-TIG has failed to meet its planned transaction date for the purchase of UK advanced manufacturer Graham Engineering Limited (GEL). The company’s share purchase agreement (SPA) to acquire the business as an entrée to the UK nuclear decontamination field reached its sunset date of 31 August with a number of conditions…

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