Rival buys Farleyway after five years of talks.A West Midland Noun 1. West Midland - a dialect of Middle English
Middle English - English from about 1100 to 1450 chemical firm has been sold for an undisclosed sum to a Surrey rival.
Brenntag UK, part of German group Stinnes, has bought Kingswinford-based Farleyway Chemicals.
Farleyway has a turnover of pounds 10 million while Brenntag has sales of pounds 20 million.
Each employs around 70 people.
The deal, put together by corporate finance house Livingstone Guarantee, was nearly five years in formation.
The first approach from Brenntag was rebuffed by Farleyway owners Mr Zool Gova and Mr Mark Taylor People known as Mark Taylor include:
But a second approach earlier this year succeeded.
Both firms are involved in chemicals distribution.
Mr Taylor will be sales director for Brenntag's combined UK operation while Mr Gova becomes a part-time consultant.
The creel manufacturing arm of textiles group Alan Shelton has been bought by the UK division of Germany's Memminger-Iro.
The Leicester firm will continue to trade as Alan Shelton, making and supplying creels for firms in the weft knitting, weaving weaving, the art of forming a fabric by interlacing at right angles two or more sets of yarn or other material. It is one of the most ancient fundamental arts, as indicated by archaeological evidence. and yarn texturing industries.