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Heywood to sell plastics division

Products firm Heywood Williams is selling its plastics systems division to concentrate on its core business.
It has appointed Rothschild to advise on the sale of the division, which turned over £63.5 million in 2004.

The plastics division, which has been struggling in a difficult market, produces PVC Windows systems and cellular building products.

Heywood added that trading was in line with expectations, with a stronger performance due in the second half of the year.

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