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Sale of Pelikan Hardcopy Scotland is confirmed

January 16, 2018

(Credit: SBNN)

Business advisory firm, Deloitte, has overseen the sale of Pelikan Hardcopy Scotland Limited to Lothian Shelf (731) Limited.

According to SBNN, Deloitte’s Rob Harding and Michael Magnay became the joint administrators of Pelikan Hardcopy Scotland Limited, based in Aberdeenshire, on 12 January 2018.

Since then they have “overseen an immediate sale” of Pelikan’s business and assets to Lothian Shelf, a company owned by the Chinese firm, Zhuoli Imaging Technology Co. Ltd.

Pelikan, which has 52 employees, all of whom will be transferred to the new company, serves as a “manufacturer and distributor of printing products and office consumables, including thermal transfer ribbon, magnetic ink character recognition and carbon films.”

Michael Magnay, Joint Administrator and head of Restructuring for Deloitte in Scotland, commented: “It’s fantastic to secure the existing 52 manufacturing jobs in Scotland, and we’re thankful to the staff for their ongoing support during what has been a challenging time for the Company.

“It’s also encouraging to see Chinese investment in Scottish manufacturing, which is an endorsement of the innovative products produced and the quality and dedication of the workforce.”

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