It is business as usual at Acheson and Glover as the former Chief Executive prepares to buy the companies.
A spokesman for Acheson and Glover Group Limited, a non-trading Holding Company that owns Acheson and Glover Limited and Acheson and Glover Precast Limited, this afternoon confirmed it had been placed into Administration last Friday, May 2.
The company employs around 200 staff and has a turnover in excess of £16m.
The spokesman also confirmed joint administrators from BDO were in the process of completing the sale of trading subsidiaries to a new company owned by Raymond Acheson who has headed the business for more than 30 years. This would enable the trading business to continue as normal without any impact on staff, suppliers or customers.
Both trading subsidiaries continue to be unaffected and are trading as normal.
Acheson and Glover Precast manufactures and supplies a range of concrete products for use in construction projects across the UK and Ireland.
Acheson and Glover Limited manufactures and sells a range of paving, walling and kerbing products to the commercial and consumer markets throughout the UK and Ireland. Its popular Outside Room concept has seen a large rise in consumer sales at a time when homeowners have been opting to improve their homes rather than move.
Acheson and Glover has locations at Dungannon, Ballygawley, Fivemiletown, Toome, Omagh, Carryduff, Belcoo, Newry and Magherafelt.
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