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Severfield
Severfield plc is a York based structural steel contractor. By turnover it is the largest in the UK, with a capacity of 130,000 tons per year, and a further 20,000 tons in the EU. Landmark works include London's 2012 Olympic Stadium, The Shard, Wimbledon Centre Court roof, Emirates Stadium and Paris Philharmonic Hall.
The firm has acquired businesses across structural steel market sectors within the UK and EU, and it participates with JSW Group in a Mumbai based joint venture that fabricates 100,000 tons of structural steel per annum. Severfield owns 50% of Construction Metal Forming Ltd which in 2023, claimed to be the UK's largest supplier of steel decking.
The business was founded in 1978 as a partnership named Severfield-Reeve; moved to Dalton in 1980, and incorporated as Severfield Reeve Structural Engineers Ltd in 1983. As a public company it was known from 1988 to 1999 as Severfield-Reeve plc; from 1999 to 2014 as Severfield-Rowen plc, and then adopted its current title.
In July 1988, Severfield-Reeve plc was quoted on the Unlisted Securities Market, then moved up to the London Stock Exchange on 8 June 1995.
As of 2022[update], Severfield plc is a component of the FTSE SmallCap Index.
In 1991, Severfield Reeve acquired 80% of steel trading business, Steel (UK) Ltd and bought out the remaining minority shareholdings in 2009. The company ceased trading in 2002; was renamed Stable Move Ltd in 2005, and dissolved in 2013 owing £1,161,732 to Severfield plc and eliminating shareholder value.
In 2006, Severfield established Steel UK Ltd as a 50% joint venture with Sheffield based steel stockholder Murray Metals Group Ltd to negotiate steel purchase prices for both partners. The company had been incorporated in 2005 as Stable Move Ltd. Severfield and Murray bought steel at prices agreed with suppliers by Steel UK and the company did not trade itself. The joint venture was dissolved in 2013.
In 1995, Severfield's meat processing safety equipment subsidiary Manabo (UK) Ltd began trading. Initially the business was a 75% joint venture with the original technology developer but in 1996, Severfield Reeve bought out all remaining minority shareholdings. The established Scandinavian distributor for Manabo's products agreed to purchase from the new company. Manabo manufactured at sites around Thirsk and from 1997, operated a chain mail glove factory in Bataszek, Hungary.
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Severfield
Severfield plc is a York based structural steel contractor. By turnover it is the largest in the UK, with a capacity of 130,000 tons per year, and a further 20,000 tons in the EU. Landmark works include London's 2012 Olympic Stadium, The Shard, Wimbledon Centre Court roof, Emirates Stadium and Paris Philharmonic Hall.
The firm has acquired businesses across structural steel market sectors within the UK and EU, and it participates with JSW Group in a Mumbai based joint venture that fabricates 100,000 tons of structural steel per annum. Severfield owns 50% of Construction Metal Forming Ltd which in 2023, claimed to be the UK's largest supplier of steel decking.
The business was founded in 1978 as a partnership named Severfield-Reeve; moved to Dalton in 1980, and incorporated as Severfield Reeve Structural Engineers Ltd in 1983. As a public company it was known from 1988 to 1999 as Severfield-Reeve plc; from 1999 to 2014 as Severfield-Rowen plc, and then adopted its current title.
In July 1988, Severfield-Reeve plc was quoted on the Unlisted Securities Market, then moved up to the London Stock Exchange on 8 June 1995.
As of 2022[update], Severfield plc is a component of the FTSE SmallCap Index.
In 1991, Severfield Reeve acquired 80% of steel trading business, Steel (UK) Ltd and bought out the remaining minority shareholdings in 2009. The company ceased trading in 2002; was renamed Stable Move Ltd in 2005, and dissolved in 2013 owing £1,161,732 to Severfield plc and eliminating shareholder value.
In 2006, Severfield established Steel UK Ltd as a 50% joint venture with Sheffield based steel stockholder Murray Metals Group Ltd to negotiate steel purchase prices for both partners. The company had been incorporated in 2005 as Stable Move Ltd. Severfield and Murray bought steel at prices agreed with suppliers by Steel UK and the company did not trade itself. The joint venture was dissolved in 2013.
In 1995, Severfield's meat processing safety equipment subsidiary Manabo (UK) Ltd began trading. Initially the business was a 75% joint venture with the original technology developer but in 1996, Severfield Reeve bought out all remaining minority shareholdings. The established Scandinavian distributor for Manabo's products agreed to purchase from the new company. Manabo manufactured at sites around Thirsk and from 1997, operated a chain mail glove factory in Bataszek, Hungary.