Mayflower continues to acquire

Vehicle body designer and manufacturer Mayflower Corporation, which is bidding for specialist vehicle builder Dennis, this week raised its stake in the company to 4.9%. A higher rival bid from bus manufacturer Henlys, however, has been recommended by the board of Dennis. Meanwhile, Mayflower this week bought the automotive stamping, tooling and exhaust systems manufacturing […]

Vehicle body designer and manufacturer Mayflower Corporation, which is bidding for specialist vehicle builder Dennis, this week raised its stake in the company to 4.9%.

A higher rival bid from bus manufacturer Henlys, however, has been recommended by the board of Dennis.

Meanwhile, Mayflower this week bought the automotive stamping, tooling and exhaust systems manufacturing business of German firm, Roth Technik Abgastechnologie for £10.4m from the receivers.