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Jason Sandefur

Management at UK-based Doran Engineering Co. Ltd. announced plans to acquire the fastener maker as part of a buyout\, the Birmingham Post reports. The new management team – Alan Porter, Ian Ellis and Richard Dunn – have taken over the company for an undisclosed sum, buying out previous shareholder Alan Russell.
Doran Engineering manufactures specialty fasteners for the oil and gas, power generation, railway, construction, and general automotive markets, with annual sales of �3 million (US $5.3 million). The company employs 48 people.
“We feel we are at the top of our profession when it comes to specialist manufacturing. Our aim is to make Doran Engineering one of the top three companies of its kind in the UK,” Porter told the Post.
Coinciding with the deal, Doran Engineering announced a new order worth �350,000.
Doran was the first UK fastener company to gain BS5750 accreditation, and is headquartered at Planetary Rd, Willenhall, W. Midlands WV13�3XW. Tel: 01902 866000 Fax 01902 866222 �2004 FastenerNews.com