Petford Tools Limited has officially been acquired by its new directors, Mr. Parr and Mr. Lloyd, following the completion of a structured financial restructuring process. The acquisition, finalized on Friday, marks a significant milestone for the company as it transitions under new leadership while maintaining its operational integrity.
Under the new ownership, the company will trade as Petford Group Limited, registered under company number 09768409. Despite the change in trading name, it’s business as usual for the organisation, with no disruptions anticipated in its operations or organisational structure. The company will continue to operate from its current location on Peartree Lane in Dudley, West Midlands.
The directors have expressed their gratitude to stakeholders for their support during the transition. Customers, partners, and employees are assured that all aspects of the business will proceed as normal.
For further inquiries regarding the acquisition or company operations, stakeholders are encouraged to reach out directly to company representatives.
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