Technocover deal “secures 130 jobs”

 

Mywelshpool revealed last week how 90% of the firm was purchased by Manchester-based Ensor, with the promise of a £1m injection to continue reorganisation.

 

It has been welcomed by Mr Davies who said: “The successful takeover of Technocover by Manchester-based Ensor is wonderful news for Mid Wales in general, and Welshpool in particular. The takeover will end rumours about the future of Technocover, and secures one of our major employers in Mid Wales.

“Ensor is a very successful company that has weathered recent economic turbulence well, and operates in a similar market to Technocover. The two companies are a very good 'fit' and there is every reason to expect a long successful future.”