Bifab

Infrastrata has acquired the Methil and Arnish yards from the collapsed Scottish manufacturer Burntisland Fabrication (BiFab) for £850,000.

Deloitte has been appointed administrator of engineering firm BiFab.

Engineering firm BiFab has gone into administration after failing to secure any new contracts.

The value of the taxpayer's stake in BiFab fabrication yards has been cut by a dramatic £13 million.