Henry Halstead Limited

Regent Assay Corporate Finance completed its second deal in as many months with the disposal of Henry Halstead to ParkOhio.

Henry Halstead, headquartered in Preston and with a north east branch in Boldon, originated from a manufacturing base in 1880 before moving into distribution in the 1970’s. Today it is a leading supplier of Total Component Management Systems to manufacturing businesses, providing value added services to customers in the Automotive, Electronics, Furniture Manufacturing, Domestic Appliances and Machine Tool Builders sectors.

Regent Assay advised the owners of Henry Halstead, Shancastle Investment Ltd and Mike McHugh, on the sale of the Business to ParkOhio, a large diversified manufacturing services and products holding company, based in Cleveland, Ohio, which has operations in over 80 countries and annual revenues of over $1bn.