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Darby
Glass Re-emerges
Browallia
LLP, a partnership of former Jarvis Porter Group shareholders, has announced
the purchase of the entire share capital of Darby Group Limited, the holding
company of Darby Glass Limited, from PricewaterhouseCoopers LLP the Administrators
of Jarvis Porter Group Plc.
Darby Glass Limited will continue to focus on enhancing its reputation
as one of the UK's largest independent suppliers of insulating glass units
and street furniture to both the commercial and domestic marketplace.
Darby Glass will continue to trade from its five UK sites and the existing
management team will remain in place.
Robin Cooper, Finance Director said this transaction separates Darby
from Jarvis Porter and its Pension Scheme which has caused us difficulties
in managing the business in the past. We now have a stronger company that
can continue to build on its success as recently recognised by being voted
the Glass Company of the Year at the G07 Awards.
Adrian Edwards, Managing Director said everyone at Darby is looking
forward to continuing the company's development and we are confident that
the Group will now move forward with a structured plan to invest in its
people, plant and processes, build on current market share, and further
improve business profitability.
Web: http://www.darbyglass.co.uk
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