Famous carpetmaker acquired by rival just a week after administration

Brockway chairman Charles Annable (left) with Grosvenor Wilton commercial director Paul Foley
The trade and assets of Worcestershire carpetmaker Grosvenor Wilton have been acquired in a new deal just a week after the business lapsed into administration. Kidderminster-based Brockway Carpets swooped for its near-neighbour yesterday in a sale brokered through administrators at MB Insolvency, who were appointed on April 13. The terms of the deal, which has secured the jobs of the entire Grosvenor Wilton workforce, have not been disclosed. Grosvenor Wilton is one of the most famous carpet brands in the world. The company, ... For the full story register now for free or login below...