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Potential bid for Midlands' Remploy factories

Potential bid for Midlands' Remploy factories Credit: The Remploy centre in Derby could be saved. Credit: Rui Vieira/PA Wire

Remploy, a company which provides employment opportunities for people with disabilities, has confirmed that a preferred bidder has been identified for its automotive business based in factories in Birmingham, Coventry and Derby.

Negotiations will now be held to complete a transaction as soon as possible.

The company made the announcement as it confirmed three factories in Blackburn, Neath and Sheffield are to close as no bids have been made for the furniture part of the business.