Scotarch and Archives.
FYI.
Iain
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http://www.tenongroup.com/Press/2007/Press070510.asp
Press Release
Grandson secures future of Riley Dunn and Wilson
Deal secures 57 jobs at UK’s leading bookbinding and conservation business
The grandson of one of the founders of the UK’s leading bookbinding and
conservation businesses, Falkirk-based Riley Dunn and Wilson (RDW), has
helped to secure the future of the company after buying the assets of the
business from the administrators, Tenon.
Charles Dunn, grandson of founder Hugh Dunn, and co-director Jeremy Mills,
have formed a new company, Dunn and Mills Limited, in order to acquire the
assets and goodwill of RDW from the administrators.
The deal, which is for an undisclosed sum, secures the jobs of 57 staff – 39
in Falkirk and 18 in Huddersfield.
Subject to the approval of RDW’s shareholders, the directors of Dunn and
Mills Limited also hope to acquire the trading name – Riley Dunn and Wilson.
Dunn and Mills Limited would then be renamed as Riley Dunn and Wilson
Limited, thereby ensuring the continuity of a business that has almost 100
years of trading history and whose origins can be traced back to 1909.
The new owners plan to build on the traditional market strengths of RDW,
whilst also targeting new markets by introducing a wide range of new
products and services.
Charles Dunn, Managing Director, commented: ‘RDW has a reputation and
tradition for excellence in craftsmanship and customer service. We have
exciting plans to build on these strengths whilst also becoming more
flexible, more targeted and more entrepreneurial. There are, for example,
substantial and growing markets for specialist publishing and book
production services, such as in conservation, repair and restoration, that
we plan to develop”.
He added: “There is also growing demand for short runs, special editions and
bespoke products. These markets need our expertise and we are excited about
developing our business in these sectors”.
Kenny Craig, joint administrator with Tenon, added: "We are delighted that
Charles and Jeremy have secured the assets of RDW. They have enormous
experience of the business and have exciting plans to develop and grow the
company. We are also very pleased that nearly 60 skilled jobs have been
secured, which is important for Britain’s publishing sector, and for the
local economies in both Falkirk and Huddersfield."
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Iain EF Flett MA MPhil DP&AA RMSA FSAScot
Palaeographer, Archivist & Records Manager
5 Provost Road, Tayport, Fife,
Scotland DD6 9JE +44 (0)1382 552218
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Traidcraft - fighting poverty through trade
http://www.traidcraft.co.uk
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"Those who do not remember the past are condemned to repeat it" George
Santayana
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