Sale of tannery company saves 20 jobs in Buckfastleigh
Britain's last commercial tannery which has been treating sheep skins for more than 200 years at a site in Buckfastleigh has been saved from closure.
Benjamin Wiles, Geoff Bouchier and David Whitehouse, of Duff & Phelps, were appointed to deal with the company Devonia – linked to Axminster Carpets – yesterday. However, immediately following their appointment, a sale of the business and assets of the company was completed to Eastern Counties Leather.
Mr Wiles said: "We are delighted to have completed a going concern sale of the business which has resulted in the continued operation of the sole remaining tannery in the United Kingdom and importantly saves 20 jobs.
He added: "Axminster Carpets Limited, the Company's ultimate holding company, does not form part of this sale and is not currently in administration."
2004 (54) MINI COOPER CABRIO AUTO, IN YELLOW, PAS, 65K,.... £5,995
Terms: 1 only other cars available
Contact: 01803 221067
Valid until: Thursday, May 30 2013
Comments