Welcome to JSA Consultancy Services

A business consultancy, based in London, England, John Sacks' JSA Consultancy Services provides expert, in-depth, information advice and guidance as to how to exploit successfully the office furniture and interiors markets in Europe, North America, Australasia and Japan.

Administrators expect early sale of Triumph business

Thursday 14 April 2011

Administrators for corporate furniture and storage supplier Triumph Business Furniture expect to complete a sale of the business by the end of the month.

The family-owned business with factories in Merthyr Tydfil and Tredegar employed 300 people until it collapsed last month. A large proportion of its customer base was from government departments and 60 local authorities.

Administrators made 110 people redundant and began restructuring the business while maintaining reduced operations.


Nigel Hamilton-Smith, a partner at administrators FRP Advisory, said Triumph was an established brand that worked with a significant number of private organisations.

“Following cuts to budgets Triumph experienced a lower than expected volume of sales from clients it had otherwise relied upon during the recession when private sector spending fell.

“Over the past few weeks we have received a large number of expressions of interest and we are currently reviewing all viable offers. We anticipate announcing a sale within the next few weeks.

Subscribe to our News Page

Enter your email here and we will tell you when this page is updated.

 

 

moreLatest News

Tuesday 7 November 2017 Kimball reports Q1 results and unveils acquisition of D’style Inc.

(NASDAQ:KBAL) announced the following results for the quarter ended September 30, 2017: First qua

Tuesday 31 October 2017 Broadstock Office Furniture wins major university contract

Macclesfield-based Broadstock Office Furniture has won a major contract to furnish the University of

Sunday 22 October 2017 Martela Corporation: Martela's Outlook for 2017

MARTELA CORPORATION STOCK EXCHANGE RELEASE 23 OCT 2017 AT 5.00 P.M. The Martel

Sunday 22 October 2017 HNI Corporation Reports Earnings For Third Quarter Fiscal Year 2017

HNI Corporation (NYSE: HNI) today announced sales for the third quarter ended September 30, 2017 of

Contact Us

JSA Consultancy Services
4-5 Gray’s Inn Square, Gray’s Inn,
London, WC1R 5AH, England


+44 (0) 20 7688 1928