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Trueform sells to private equity firm

06 July 2012
 

Intelligent public transport infrastructure manufacturer, Trueform, has been sold to UK private investment firm GIL Investments Ltd. Trueform, which has annual sales of £25m in the UK and employs more than 180 people, mostly in Hayes and Newcastle, said the deal would provide the resources for international expansion and product development. The company has built up a UK client list including Passenger Transport Executives and Transport for London, as well as supplying bus stop and light...

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