EoW January 2008

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EuroWire – January 2008 24
english corporate news
Murray General Steels (MGS) has
bought Parson and Crosland Ltd for an
undisclosed sum.
MGS is part of Murray Metals Group, the
UK’s largest independent steel stockholder
and processor of both general steel and
specialist metals.
This latest deal by the bespoke general
steels division follows the recent
acquisitions of Tipton and Mill Steels and
Newton Steel Stock.
Parson and Crosland Ltd, based in
Middlesbrough, Teesside, was established
in 1926 and employs 47 people.
David Lawson, managing director of
Murray General Steels, said: “It is a
successful, long-established business that
has built a reputation within the industry
for excellence in customer service and
delivery.”
He added: “We are delighted to have
reached an agreement to acquire Parson
and Crosland. It is a highly-respected, well-
run business with a strong management
team and customer base.”
Edward Bilcliffe, managing director of
Parson and Crosland, said: “This is an
important deal and one that brings us
into the fold of an expanding group of
ambitious businesses.
“Being part of Murray General Steels and
the wider Murray Metals Group will help
us to continue to develop our business
with increased speed and confidence.”
Murray Metals Group itself is part of
rapidly-expanding Murray International
Holdings (MIH), a multi-faceted business
employing 4,000 people across the world
and with interests in metals, property,
private equity, outsourced services and
football.
Murray International Holdings – UK
Fax: +44 131 316 4343
Email:
Website :
Murray General Steels acquires Parson
and Crosland
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