Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Carr's Group sells its engineering division to Cadre for £75 million, plans to return up to £70 million to shareholders.

flag Carr's Group has sold its engineering division to global safety products manufacturer Cadre for £75 million. flag The deal covers the UK and German operations specializing in safety equipment, with the division generating £51.1 million in revenue and £7.8 million in operating profit last year. flag Carr's plans to return up to £70 million to shareholders and use the rest for general corporate purposes.

5 Articles