Tata Steel subsidiary UKSE has invested £100,000 in Newport’s Tube and Steel Supplies to expand their balustrading service team and enhance operational capacity amidst rising demand.
Information on the Target
Newport’s Tube and Steel Supplies (TSS) is a prominent steel stockholder that was established in 1999. The company specializes in the fabrication and installation of balustrading and has recently developed this service significantly, guided by Director Darryl Sweet. TSS has an impressive portfolio, including notable projects such as the renowned Palace Theatre, now rejuvenated as a hub for business and enterprise.
TSS offers a diverse range of products, including pipeline and process supplies tailored to the oil and chemical industries, while also serving the construction sector with steel work for general fabrication. Additionally, the company has carved out a niche by producing specialized components for clients restoring vintage vehicles, specifically traction engines.
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Industry Overview in the UK
The steel industry in the UK has faced considerable challenges over recent years, with fluctuations in demand and changes to the local market landscape. The UK government’s focus on sustainability and reducing carbo
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UKSE
invested in
Tube and Steel Supplies (TSS)
in 2023
in a Corporate VC deal
Disclosed details
Transaction Size: $0M