Monday, December 2, 2024

151 jobs saved as buyer found for bathroom products distributor

A buyer has been secured for an at-risk bathroom products distributor, administrators from FRP Advisory have confirmed.

Anthony Collier and Simon Farr of FRP were appointed as joint administrators of the Robert Lee group of businesses on 28 November. The group included Robert Lee Distribution Limited, RLD Stock Limited, Yorkshire Shower Trays Limited, and Aquadart Brands Limited.

Employing 151 people across sites in London, Wiltshire, Greater Manchester and Yorkshire, the Group was a national distributor of bathroom, shower and plumbing products, supplying a range of reputable brands as well as manufacturing its own product line.

Following a challenging trading period, FRP was commissioned to run an accelerated sales process. On appointment, the joint administrators completed the pre-pack sale of the group and its assets to trade buyer Roxor Group Limited. Halifax-based Roxor Group is one of the UK’s fastest growing suppliers of bathroom products, having traded for more than 35 years.

The agreement sees the preservation of all employees’ jobs and will ensure continuity for customers of the Robert Lee group of businesses.

Anthony Collier, restructuring advisory partner at FRP, said: “Robert Lee was a firmly established operation, managing more than 30,000 product lines to a loyal customer base.

“However, it was not immune to the economic pressures felt across a range of sectors in recent years. We’re pleased to have found a high-quality buyer in Roxor Group, preserving the heritage of the business as well as a large number of jobs across the country.”

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