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Lorne Stewart's Rotary deal saves 391 jobs

M& E specialist Lorne Stewart has saved almost four hundred jobs with its purchase of four Rotary UK businesses, but 146 others have been made redundant as three other Rotary divisions have gone into administration, it was confirmed today

4th Utility Limited, a subsidiary of Lorne Stewart, has acquired Rotary UK’s 100 per cent shareholdings in Rotary North West, Rotary Yorkshire, Rotary Southern and Midlands-based division CA Sothers. The Rotary companies will continue to be run as independent standalone regional businesses.

Rotary Services (Northern Ireland), Rotary Scotland and Rotary Northern, in Newcastle, did not form part of the transaction and have been wound down.

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