120-year-old British wheel factory at risk of closure
Yahoo Finance·2026-03-27 18:00

Moveero, dating back to 1908, was part of GKN’s automotive division but was sold to German private equity firm Aurelius in 2020 A 120-year-old British wheel factory is at risk of closure after its German owners called in the administrators. Moveero, which makes wheels, rims and hubs for off-road vehicles used in farming and construction, said its UK arm had become insolvent on Thursday, putting around 250 jobs at risk. Administrators from Interpath have been appointed to run the struggling business, whi ...

120-year-old British wheel factory at risk of closure - Reportify