An facilities management firm which crashed into administration five months ago has announced plans for new offices in Aberdeen and Stirling.
More than 100 workers were made redundant when Richard Irvin collapsed in December, but a last-minute deal to acquire its facilities management division for £1.1m saved 337 jobs.
The new company, trading as Richard Irvin FM, is owned by private equity firm Rcapital, and provides a range of maintenance and energy management services across the north and north-east.
Managing director Mark Buchan praised the efforts of staff and the company’s new investors to bring it through to the other side.
He said: “It has obviously been a challenging time but the main thing is that we have come through that challenge.
“We’re delighted by the fact that we’ve managed to go through the stages in the last six months and that’s thanks to the commitment from staff and our clients which has allowed the business to pull through.
“The FM business was acquired by Rcapital which allowed us to continue trading as Richard Irvin FM Ltd.
“Since that date, we have continued to deliver to every one of the clients we had.
“We’ve managed to retain the client base, we’ve managed to continue delivering the service and we are where we are.”
The firm plans to move into new offices in Aberdeen and Stirling in the coming weeks.
Staff will move into the new headquarters in Aberdeen’s City South, near Portlethen, while a new Central Scotland Management office is being established at Castle Business Park in Stirling.
Alongside this, Richard Irvin has appointed four new directors for the business, working across finance, business development and managed services.
Richard Irvin’s workforce is based at the Aberdeen HQ along with five other locations across Scotland, including Inverness.
Mr Buchan added that it represents “an exciting new phase in its growth and development”.
Administrators were appointed in December for Richard Irvin, which had collapsed due to “difficult trading conditions”, coupled with “political and economic uncertainty”.
Papers lodged at Companies House revealed the company owed more than £21million to creditors.
The mechanical and electrical (M&E) division could not be saved, however a pre-pack deal was brokered by administrators EY for the facilities management business.
Staff in the M&E divison were told they were to be out of a job just days before Christmas.
Recommended for you
