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Article: New acquisitions will safeguard Ideal jobs ; Ideal Standard International takes over Irish firm Qualceram Shires Plc
- Article from:
- Hull Daily Mail (UK)
- Article date:
- July 22, 2009
- Author:
CopyrightCopyright 2009 Hull Daily Mail (UK). Provided by ProQuest LLC. (Hide copyright information)
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MANUFACTURING jobs in Hull have been safeguarded after a city
firm bought out one of its rivals.
Shower and bathroom business Ideal Standard International in
National Avenue, west Hull, has acquired the subsidiary companies of
Irish firm Qualceram Shires Plc.
The purchase, believed to be for 3.4m euros (about Pounds 2.9m),
includes companies Shires Ireland Ltd, Quay Bathrooms Ltd, Quality
Ceramics (Arklow) Ltd and Quality Ceramics (Sales) Ltd.
The four companies produce showers, baths, bathroom furniture and
accessories, predominantly for the Irish market.
They were offered for sale when Qualceram Plc went into
liquidation, enabling Ideal Standard to buy its subsidiaries without
taking on ...