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Business Engagement In County Durham

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Hargreaves Services Disposes Of Underground Mining Equipment

Hargreaves Services Disposes Of Underground Mining Equipment

Durham-based mining, energy and logistics company Hargreaves Services has signed a deal to sell its surplus underground mining equipment to an overseas buyer.

The equipment was originally acquired for use at the company's former deep mine at Maltby and later formed part of its legacy asset disposal programme.

Although the precise sale terms are subject to a confidentiality agreement, the proceeds are "in line with the carrying book value" of the equipment with the consideration to be paid in stages.

Gordon Banham, chief executive of Hargreaves Services, said: "This sale represents another positive step in the realisation of our portfolio of legacy assets.

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  • Andrea McGuigan

    Andrea McGuigan

    Business Development Area Manager (North)
    Call 03000 261255

Did You Know

  • Peterlee Business Park engaged with 94 businesses in the last year
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Business Engagement News

Hargreaves Services Disposes Of Underground Mining Equipment

Durham-based mining, energy and logistics company Hargreaves Services has signed a deal to sell Show Details
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Engagement Case Studies

Northern Freight

Northern Freight Services, based on the North West Industrial Estate, in Peterlee, recently increased their headcount to 68, with help from Business Durham. Show Details
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Useful Events

Durham 2sday

A relaxed and informal breakfast networking event in the heart of the city of Show Details
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Commercial Property In County Durham

See map below for Business Durham’s commercial properties.