Member Article

30 jobs saved in Lancashire as Harrison’s Coaches bought by competitor

30 jobs have been saved in Lancashire as Harrison’s Coaches which went into administration has been bought by one of its competitors.

FRP Advisory, the restructuring and advisory firm, confirmed that the business and accompanying assets of Harrison’s Coaches (Morecambe) Limited, trading as Battersby Silver Grey, has been sold out of administration to John Shaw & Sons Limited, trading as Travellers Choice.

The move has ensured the continuity of service to all the Company’s key customers and secured the jobs of all 30 staff employed by the business.

The company was founded in 1948 and operates a fleet of 27 buses and coaches.

FRP Advisory partners, Russell Cash and Ben Woolrych, were appointed Joint Administrators to the Company on 28 January 2015.

Partner at FRP Advisory and joint administrator, Russell Cash, said: “The sale of Battersby Silver Grey to Travellers Choice provides the best possible solution for the Company’s array of local and regional customers, all 30 staff and the local economy it supports.

“The Company unfortunately failed to receive the investment it was promised when Bakerbus and King Long Direct became involved around 15 months ago.

“We were therefore determined to make every effort to secure the future that this long standing business deserves.

“The marketing process attracted many approaches and we engaged with a number of interested parties before proceeding with Travellers Choice which offered the best outcome for creditors and a viable future. We wish Battersby Silver Grey the very best under its new ownership.”

This was posted in Bdaily's Members' News section by Sophia Taha .