Total  Energies
Bio-based materials summit

Free membership

Receive our weekly Newsletter
and set tailored daily news alerts.

Fibres/​Yarns/​Fabrics

Fothergill Group acquires assets of TBA Textiles securing 57 jobs

TBA Textiles entered administration on 30 May 2017 after experiencing cash flow difficulties.

28th June 2017

Innovation in Textiles
 |  London

Industrial

“We are pleased to have secured the future of TBA Textiles which is a great result for its staff and the wider Rochdale manufacturing community. Fothergill’s long history in the manufacture of high quality, high performance technical textiles makes a good fit for TBA Textiles and we wish the new owners all the best for the future,” commented Ben Woolrych, joint administrator and partner at FRP Advisory.

TBA Textiles entered administration on 30 May 2017 after experiencing cash flow difficulties. Administrators at FRP Advisory continued to trade the business as a going concern, retaining its 57 staff while marketing the business and assets and evaluating a number of competing approaches before securing a sale which provided the most viable solution in the interests of all stakeholders. 

Based at the Transpennine Trading Estate on Gorrells Way, Rochdale, TBA Textiles has over 120 years of experience as a developer and manufacturer of an extensive range of high performance passive fire protection textiles and products, such as fire curtains, barriers and hoods used mainly in the construction, marine and transportation industries.

www.frpadvisory.com

Latest Reports

Business intelligence for the fibre, textiles and apparel industries: technologies, innovations, markets, investments, trade policy, sourcing, strategy...

Find out more