Williams

Metals giant buys Williams Advanced Engineering for £164m

Metals giant buys Williams Advanced Engineering for £164m

British-based technology and engineering firm Williams Advanced Engineering (WAE) is to be acquired by Australian outfit Fortescue Metals Group for £164 million. WAE, founded in 2010 as an off-shoot of the late Frank Williams’ eponymous Formula 1 team, provides engineering, technology and design to firms across the automotive, motorsport, aerosport and defence industries.  Its acquisition …

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