Cosalt Workwear has been bought by entrepreneur David Ross from the administrators of Cosalt plc. The Workwear business is one of the UK's leading providers of protective clothing and equipment to the fire and rescue services, the military, railway operators, utility companies and businesses in the road construction and aggregates industry.
Under David Ross's ownership Cosalt Workwear, which is registered as Ballyclare Limited, can look forward to a bright future. Now debt free and with the financial support from David Ross going forward, the business will be able to focus on offering better service levels, improving its lead times and delivery turnaround, while bringing new products to market.
Staff, customers and suppliers have warmly welcomed the news. Explained Cosalt Workwear's Managing Director Carlton Greener: "With our future secured we can focus our energy on meeting the needs of our customers and adding value to our products and services. Many of our customers are committed to fully managed service contracts and they rely on us to keep people safe. We can reassure everyone that these contracts are secure and it is business as usual. Looking after customers is our number one priority."
The sale means David Ross now owns 100% of the shares in Cosalt Workwear and the company will no longer be part of the Cosalt Group. Cosalt Workwear employs 58 people and has operations in Stockport and Barnsley and two distribution centres in the South East.
David Ross said: "I am committed to seeing this highly successful and profitable business flourish and fulfill its potential. My intention is to work closely with Carlton and his team to ensure we continue to deliver high quality protective clothing and industrial workwear to our customers. With improved resources and a stronger financial base, I believe we can build the existing business, open up new markets and further improve our service levels to customers."
For many years, Cosalt Workwear has been one of the main suppliers of structural fire fighting and rescue kit to the UK fire brigades. In recent years it has won major contracts with the North West and South East Fire and Rescue consortiums. The company is also a major supplier to the rail industry and counts Network Rail, Tube Lines and Babcock Rail among its customer base.