The business and assets have transferred to a new company, Marshalls Carbide Limited, which is a 100% owned subsidiary of the Mincon Group. 

In the 12 month period to the end of December 2014, the business had revenues of approximately £4.25 million, of which sales to Mincon accounted for approximately 20%.

Quality control

‘There will be minimal disruption to the existing Marshalls business as a result of the change in ownership, and Mincon looks forward to strengthening relationships with existing customers and suppliers alike,’ the company said in a press release. ‘This strategic investment by the Group in the production of tungsten carbide further strengthens Mincon's control over the production process and quality control procedures employed in manufacturing its products.’

Marshalls brings with it a workforce of 46 employees and will continue to trade from the same premises in Sheffield, England.