Saudi-owned Cleveland Bridge up for sale as Covid crisis bites
Saudi-owned Cleveland Bridge up for sale as Covid crisis bites RIYADH, 16 hours, 23 minutes ago Leading UK steel fabricator Cleveland Bridge, which is owned by Saudi-based Al Rushaid Group, has fallen into administration, reported the Construction Index. The collapse for the top British engineering group came after Covid caused delays to several of its global infrastructure projects. Joint Administrators Martyn Pullin, David Willis, and Iain Townsend of specialist business advisory firm FRP have been appointed to help save the steel fabricator, which has 221 staff at its Darlington h...
Source: tradearabia.com