US buyout saves Waterford Wedgwood

Almost 1,400 jobs have been saved after a New York investment group nailed down a deal to buy struggling crystal and china firm Waterford Wedgwood.

US buyout saves Waterford Wedgwood
Fri, 27 Mar, 2009 - 07:14

Almost 1,400 jobs have been saved after a New York investment group nailed down a deal to buy struggling crystal and china firm Waterford Wedgwood.

KPS Capital Partners LP agreed last month to save key parts of the prestigious business after it went into administration, narrowly avoiding permanent closure.

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CourtsBusinessHeathrowPlace: USPlace: New YorkPlace: south-east IrelandPlace: StaffordshirePlace: North AmericaPlace: JapanPlace: IndonesiaPlace: Hong KongPlace: TaiwanPlace: SingaporePlace: AustraliaPlace: UKPlace: Barlaston, StaffordshirePlace: IrelandPlace: KilbarryPlace: WedgwoodPerson: Pierre de VillemejanePerson: de VillemejanePerson: Gordon RamsayPerson: Terence ConranPerson: WedgwoodPerson: Tom R WedgwoodPerson: Tom D WedgwoodPerson: Josiah WedgwoodOrganisation: Waterford WedgwoodOrganisation: KPS Capital Partners LPOrganisation: WaterfordOrganisation: WedgwoodOrganisation: WWRD HoldingsOrganisation: Waterford Wedgwood GroupOrganisation: DeloitteOrganisation: KPSOrganisation: Clarion Capital
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