The Clyde Bergemann Power Group (CBPG) has announced that it has sold Clyde Bergemann Materials Handling Ltd. (CBMH) to further streamline CBPG’s global organization and focus on key technologies in line with a new strategic direction. CBMH was sold to CBMH’s Stephen Cragg, managing director, and Miles Ratcliffe, finance director, who both have experience within the industry and with CBPG. The transaction includes the entire business with a few projects remaining that will be completed under the responsibility of CBPG and with support on practical matters by CBMH. The newly acquired company will be renamed Clyde Pneumatic Conveying Ltd.