Firth Rixson

The heyday of Sheffield’s steel and manufacturing industries may be long past, but companies like Firth Rixson, whose origins go back to the 1850s, continue the tradition. The company has 11 operating centres in North America, Europe and Asia making forged-metal products for industries such as aerospace, defence and petrochemicals. Firth Rixson delisted from the London Stock Exchange in 2003, merged with the American business Forged Metals, and is now owned by Oak Hill Capital Partners, which bought the company in a £945m deal in 2007. Led by chief executive David Mortimer, Firth Rixson reported sales of £564m in 2008.

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Company details
CompanyFirth Rixson
ActivityAerospace manufacturer
Sales £m †564
Profit £m †106
Year endSep 08
Principal shareholdersOak Hill Capital Partners (majority stake), Lehman Brothers, management

If applicable:

* Supplied by company † Annualised figure