The administrators of Montgomery Tomlinson Limited, Will Wright, Paul Flint and Brian Green of KPMG’s Restructuring team, have completed a sale of the business and its assets to Montgomery Furnishings Limited,established and funded by Amin Amiri and his investment company, a2e Venture Catalysts Limited.
Montgomery Tomlinson Limited is a supplier and retailer of custom-made curtains and accessories. It has concessions in 123 department stores and retail outlets, and a factory and warehouse facility in Bretton, Flintshire.
Montgomery Furnishings Limited is looking to safeguard the jobs of a large proportion of the former Montgomery Tomlinson workforce, with the intention of increasing the headcount in line with targeted trading.
Will Wright, Joint Administrator and Restructuring Partner at KPMG, commented: “Since our appointment two weeks ago, we have been working tirelessly to ensure a sale of the business in order to minimise disruption to customers. We are particularly pleased that the sale opens up re-employment opportunities for a number of Montgomery Tomlinson’s former staff. We wish Montgomery Furnishings all the very best for the future.”
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