Investors save Flair International
Flair International Ltd, which went into liquidation on 6 June last, has been bought by FLBM, a group of Irish investors and one of eight interested parties who expressed an interest in the company.
FLBM is currently restructuring the operation and is confident it will grow the business in the medium to long-term. Spokesman Brian Murphy of FLBM said the immediate intention is to upgrade the manufacturing processes and to invest in new produc development.
Flair International designs and manufactures shower and bath screens from its base in Bailieborough, Co Cavan, and sells its product range across the Republic of Ireland, Northern Ireland and mainland Europe.
The directors of FLBM have described Flair International as an excellent fit with their existing business interests that also include Dublin-based Sanbra Fyffe Ltd.