Dorset pottery's wheel to keep turning
Business recovery experts have successfully completed the sale of leading UK ceramics manufacturer Poole Pottery Limited after it was placed in administration in June.
The administrator, corporate reconstruction experts Leonard Curtis & Co, sold the Dorset business to a group of investors led by turnaround specialist Peter Ford.
Keith Goodman, joint administrator with Stephen Swaden, said: ‘We are delighted that we have finally been able to come to an agreement and even more delighted that we have been able to ensure the future of the pottery.’
He said 80 traditional jobs had been saved by the sale of the business, which had a turnover of £3.4m for the year ending 30 June 2002.
‘We hope that we have found a buyer who will respect the traditions of the pottery and take the business forward,’ he added.
Dolphin Quays Limited, the factory outlet shop for Poole Pottery, remains in administration.