Over 50 jobs saved after South Yorkshire firm bought out of administration

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More than 50 jobs have been saved after a South Yorkshire firm was bought of administration.

Euroglaze Systems, based in Barnsley, manufactures uPVC doors and windows but was put into administration on September 10.

The firm has now been sold to a new company, Euroglaze Limited, which has allowed to continue trading, with 57 jobs being transferred to the new company.

Administrator Phil Booth said: “Despite having traded for 35 years, the company faced problems as a result of the recent recession which has left the business struggling despite an upturn in market conditions over the past year, leaving the director with no alternative but to place it into administration.

“Working closely with Clarion, we were able to swiftly conclude a sale, rescuing the business and securing the jobs of the entire workforce.”

Alice Pratt of Clarion said: “The administrator needed to act quickly to preserve the value of the business and we were happy to be able to expedite the sale process. It is good news that the business and its workforce now have a brighter future.”