A Deal Made in Sheffield with a Local Cast
A company which is a world leader in its field is poised for significant growth following a management buyout from the University of Sheffield, which has concluded alongside fundraising to take the company to its next phase of growth.
Castings Technology International Ltd (CTI) is a world-leading provider of manufacturing, technology, expertise and services to the cast metals sector and global supply chain. The company has completed a £2m fundraising, backed by Mercia Asset Management, via the Northern Powerhouse Investment Fund and Nucleus Commercial Finance, and at the same time has been ‘spun off’ into the ownership of the management team.