Pre-pack sale agreed for ventilation products manufacturer

A Sheffield-based manufacturer has been sold out of administration, with all jobs at the firm saved.

Experts from business advisory firm Quantuma completed a pre-pack administration sale of Ventilation Centre Ltd, securing the future of the business.

Quantuma’s managing directors, Michael Chamberlain and Rehan Ahmed were appointed as joint administrators of Ventilation Centre on 31 January 2024.

They completed the sale of its business and assets shortly afterwards to Sheffield-based South Yorkshire Ducting Supplies Ltd.

Founded in 2002 and based over three sites, Ventilation Centre is a supplier of duct air system products, with its principle location in Sheffield and satellite facilities in Leeds and Stockport.

The company provides a wide range of products, ranging from ducting and grilles, to fans and controls. The business had faced difficult market conditions in recent months.

Chamberlain said: “The sale is a great outcome for the business. I’m pleased that all of the employees’ jobs have been saved and the business has been protected by being sold to a third-party buyer, after a full marketing period, through an accelerated sale process.

“I would like to thank Parisi and Weatheralls for their legal and agent input respectively.”