Bosses at Denby Pottery say the company its future is now safe after it was bought for £30M. The 200-year-old firm has faced pressure from the drop in retail sales & made 35 jobs redundant recently. However, its UK & US businesses have now been bought by a team led by MD Gary Biggs. The firm said £72m of debt was also being written off to guarantee its immediate future. Mr Biggs said: "We are delighted that we have been able to secure a future for the Denby Pottery Company in what are unprecedented times both for the tableware industry and the global economy. With Denby's financial position now secure, we are looking to make a number of quality strategic acquisitions in the sector." Denby employs 665 people worldwide with 465 of them working at the headquarters in Denby, Derbyshire, but the firm stressed that it may not be possible to safeguard all jobs.
