A Chinese technology firm has bought the business and assets of print products and office consumables supplier Pelikan Hardcopy Scotland in a move which has secured 52 manufacturing jobs.
Zhuoli Imaging Technology Company acquired the Aberdeenshire-based operation from administrators to Pelikan Hardcopy Scotland for an undisclosed sum.
Michael Magnay and Rob Harding of Deloitte were appointed joint administrators of Pelikan on Friday. The professional services firm said the administrators had overseen an immediate sale of the company’s business and assets to a company owned by Zhuoli Imaging Technology.
Mr Magnay said it was fantastic to secure the existing 52 manufacturing jobs in Scotland following a challenging time for Pelikan, which has a plant in Turriff.
He added: “It’s also encouraging to see Chinese investment in Scottish manufacturing, which is an endorsement of the innovative products produced and the quality and dedication of the workforce.”
Pelikan makes ribbons used in the printing process. It was owned by Malaysia’s Pelikan International Corporation Berhad when it went into administration.
The firm lost £3.4 million in 2016 and £949,205 in 2016
Companies House filings show Pelikan lost £3.4 million in 2016 and £949,205 the preceding year. Sales fell to £5.1m from £5.9m.
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