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Quantuma has announced the completion of the pre-pack administration sale of Sheffield-headquartered Ventilation Centre Limited, securing the future of the business and protecting jobs for all employees.
The firm’s managing directors, Michael Chamberlain and Rehan Ahmed, were appointed as joint administrators of the manufacturer on 31 January.
Chamberlain and Ahmed completed the sale of Ventilation Centre’s business and assets shortly afterwards to Sheffield-based South Yorkshire Ducting Supplies Limited.
Founded in 2002 and based over three sites, Ventilation Centre is a supplier of duct air system products, with its principal 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. Ventilation Centre’s products are designed to provide “the best possible air quality” for its customers.
The business had fallen into administration after facing challenging market conditions in recent months.
Michael Chamberlain, MD at Quantuma, said: “The sale is a great outcome for the business. I’m delighted 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.”
