Wrightbus racing for deal with bidders

Wrightbus has told its staff it is in a race to complete a final deal with what it describes as “credible bidders”.

The following message was shared with Wrightbus employees: “We have an update for you all today and as we have done throughout, are seeking to keep you informed at each stage of this process.

“We want to assure you that this is hopefully good news for everyone.

“We are now in a race to complete a final deal with credible bidders.

“In these bids it is envisaged that employment contracts will be TUPE’d across to the new owner and your length of service will be preserved. You will continue to be paid as normal and once this stage is complete, the new owner will take over all business operations.

“This ongoing business and its employees are our number one priority and we are confident that a positive outcome can be delivered over the next few days.

“We will be in a position to update you next week regarding next steps.”

According to press reports, Jo Bamford, son of JCB tycoon, Lord Bamford, is the latest industry persona to be linked with the takeover of Wrightbus. Jo Bamford’s Ryce Hydrogen has already worked with the bus manufacturer to convert London buses to hydrogen. This follows reports that Northern Ireland industrialist, Darren Donnelly, is no longer in the running to invest in the Ballymena-based bus builder.

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