Safanad buys Rimstock
Safanad, the investment firm, has acquired a controlling interest in the UK’s largest alloy wheel manufacturer, Rimstock Plc. Rimstock, which recently celebrated its 30th year in manufacturing, employs over 230 people at its facilities in the West Midlands, England and produces both aftermarket and OE wheels. According to the companies, the business will remain headquartered in West Bromwich, United Kingdom.