English industrialist Jo Bamford said today that he had agreed a deal in principle to buy the factory and associated lands from former business owner Jeff Wright.
Mr Bamford and Mr Wright were at loggerheads over the asset sale, a stand-off that had put the sale of the Wrightbus operation in jeopardy. Mr Bamford, who is the son of JCB chairman Anthony Bamford, expressed hope he could now complete the overall purchase with administrators Deloitte. Mr Bamford thanked North Antrim MP Ian Paisley for helping to mediate what he described as a "tricky negotiation". "Following intensive overnight negotiations between the two parties agreement has been reached in principle over the sale of Wrightbus to Ryse Hydrogen ," it said.
"This legacy gift is a tribute not only to my father, his father before him, and the Wright family members but most importantly it is a tribute to the generations of workers who helped build a proud manufacturing tradition in Ballymena," he said. "I believe the presence of this centre on the Wrightbus legacy land will send a clear message to Northern Ireland and beyond that Ballymena has a strong future in advanced manufacturing," he added.
vincekearney Jesus thought it was 12th july for a minute!
vincekearney We're awful attached to property in Ireland (North & South?)
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