British Doncasters to Put Its Fastener Business for Sale

According to a recent news report, the Burton-upon-Trent, English-based Doncasters Group, which is specialized in the production of components for aerospace, energy, and other industrial companies is planning to sell the structural fasteners (e.g. large bolts used in building the industrial machines) business. The Group, owned by Dubai International Capital, is now in the early stage of sales process and the Group is expected to be sold for USD0.5 billion.

A financial report published recently shows that Doncasters sales in 2013 reached 0.74 billion British pounds and the revenue of fastener business increase 4% to 0.1558 British pounds.