Curtains supplier jobs boost

The new buyer of curtains company Montgomery Tomlinson, where 146 Flintshire workers were told they were losing their jobs last month, hopes to safeguard the majority of the workforce.

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Hundreds of jobs to be saved at curtains supplier

The new buyer of a Flintshire curtains factory says 200 jobs will be safeguarded immediately, and up to 300 saved over a longer period.

Montgomery Tomlinson collapsed last month, with 500 jobs thought to be lost - including 146 at the Broughton base.

Investment company a2e Venture Catalysts Limited has now bought the business and its assets, establishing Montgomery Furnishings Limited.

KPMG: New buyer 'looking to safeguard most jobs'

The administrators at Flintshire curtains supplier Montgomery Tomlinson say the new buyer "is looking to safeguard the jobs of a large proportion of the former workforce, with the intention of increasing the headcount in line with targeted trading."

The curtains supplier has a factory and warehouse at Bretton in Flintshire, where 146 people were told they were losing their jobs last month.

It has concessions in 123 department stores and retailers, including Debenhams and House of Fraser.

Read More: Curtains company collapses after fall in sales

KPMG has now completed a sale of the business and its assets, to Montgomery Furnishings Limited, established and funded by investment company a2e Venture Catalysts Limited.

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.

– Will Wright, Joint Administrator and Restructuring Partner at KPMG

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Hopes for jobs to be saved at Flintshire curtains factory

Montgomery Tomlinson has a factory and warehouse at Bretton near Broughton.

The new buyer of a North Wales curtains factory hopes to save 200 jobs.

Last month, 500 employees at Montgomery Tomlinson in Flintshire were told they would lose their jobs, including 146 in Broughton.

Manchester firm a2e Venture Catalysts says it has bought the firm from administrators.

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