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Trades about 129% below its sector, cheaper than its peers on earnings.
Tanfield Group PLC functions primarily as an investment vehicle, holding significant stakes in manufacturing enterprises. Notably, it possesses a 49% interest in Snorkel International Holdings LLC, a firm recognized for fabricating various aerial work platforms. These products span self-propelled, towable, and push-around models, including both diesel and electric-powered scissor lifts, mast lifts, and an array of telescopic and articulating boom lifts. Additionally, the group maintains a 5.76% holding in Smith Electric Vehicles Corp. This company specializes in the development and production of electric commercial vehicles, engineered to serve short-distance urban fleets. The organization was established in 2000 and has its principal office located in Newcastle upon Tyne, United Kingdom.
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