Ilford Company

Ceejay

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Just had this come through from Firstcall

Harman Technology Ltd, makers of Ilford, has been sold to The Pemberstone Group Ltd, a UK based investment company. More news soon.

C
 
It's on their site. Thanks for the info - I wonder what it means in practice.

Edit to add: SNAP!
 
I wonder what it means in practice.
I can't see it a asset stripping as I don't think the factory will be of much value other than for making film and paper, so I'd take this as a genuinely good sign in supporting the company and taking it forward. (y)
 
I do hope so.
 
I guess the original managers who bought it must be nearing retirement anyway, so it is a way of redeeming their capital. Mind you prices of land in Mobberley are not the cheapest in the UK so its always got that to fall back on.
 
Absolutely.

It would be a huge blow to lose Ilford.

Crowd funded F&C takeover anyone?
Yep, I'm there. Where do I sign?
 
I hope this bit is true!

we can assure all of our customers that we will continue to support them in our customary way for the foreseeable future.

Wonder if they'll "support" us and keep prices the same or if they'll sneakily put them up soon?
 
I guess the original managers who bought it must be nearing retirement anyway, so it is a way of redeeming their capital. Mind you prices of land in Mobberley are not the cheapest in the UK so its always got that to fall back on.

I don't think they own the land or the factory buildings.


Steve.
 
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