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Birmingham Post
Birmingham Post
Business
David Laister

Future optimism underlined at historic Shipham Valves as business rebuilds after buy-out

One of Hull’s longest established manufacturers is confident of a bright future after a first full year back as an independently operating business.

Shipham Valves Ltd, which dates back to brass foundry beginnings in 1798, was returned to its original name following the buy-out from Finnish-owned Wärtsilä Valves Ltd in late 2020.

It had been a brand under the Nordic business producing non-ferrous and high alloy valves, recently operating from Brough after completing a move out of the city in early 2018. And while losses have continued under the ownership of New York-based Evergreen Capital as major investment has poured in, a strong order book has brought clear optimism for the oil and gas industry supplier.

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