Manufacturing firm Westley Group has completed the sale of Mathers Foundry to WPIL for an undisclosed amount.
WPIL is quoted on the Mumbai stock exchange, and is one of the leading combined pump manufacturers and high grade alloy steel casting foundry groups in India.
Based in Cradley Heath, Westley Group is one of Europe’s largest ferrous and non-ferrous foundry and engineering groups, consisting of five brands.
The group employs more than 200 people and has a turnover in excess of 30 million euros.
Black Country law firm George Green associate Clare Martin led the advisory team and Clyde & Co represented WPIL.
The foundry business, which manufactures high grade steel alloys, will continue to operate from its Manchester-based facility with its existing management team led by Colin Toft.