Thirty jobs saved as former management team buy Wyvis Roofing

Sale: Parent company UBC went into administration on May 11.STV

Thirty jobs in the Highlands and Islands have been saved after administrators announced the sale of Wyvis Roofing to the former management team.

The company was put into administration on May 11 by parent company UBC Group Limited.

A spokesman for administrator Zolfo Cooper said on Tuesday: "Wyvis Roofing has remained unaffected by the announcement and the Joint Administrators can today announce the sale of Wyvis Roofing Limited to the former management, led by Ian and Willie Sharp.

"As a result of the sale, 30 jobs will be saved in the Inverness and Highland regions."

Joint administrator Elizabeth Mackay said: "We are very pleased to be able to announce this sale and the attendant preservation of jobs.

"We would also like to express our gratitude for the assistance provided by Enterprise Minister Fergus Ewing, Councillor Drew Hendry Leader of Highland Council and Councillor Jimmy Gray Convener, Highland Council whose support and determination was instrumental in allowing the business to continue as a going concern.

"This case has been an excellent example of local and national government working alongside both the management team and that of the Administrators to achieve a positive outcome."

Willie Sharp, managing director of Wyvis Roofing, said: “We are of course delighted that Wyvis Roofing can continue with business as usual and the entire team are now all 100% focussed on taking the business forward as a standalone entity.”

The other companies affected by the administration - UBC Holdings Limited, UBC Group Limited, UBC Homes Limited, Wyvis Building Services Limited, Mardon Project Services Limited, UBC Central Limited and UBC East Limited - are still facing an uncertain future.

Together these businesses traded throughout Central Scotland and The Highlands and Islands as UBC Group, Wyvis Building Services and Mardon Project Services.

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