Following their appointment on 16 March 2020 as joint administrators of Aperture Trading Limited, Chris Pole and Will Wright from KPMG’s Restructuring practice have confirmed that they have sold certain assets of the company to Altrincham Doors Limited and Altrincham Roofs Limited.
The assets included in the sale relate to the Global, Celsius and Stratus roofing products. Whilst these businesses had ceased trading prior to the acquisition, the purchasers have indicated an intention to launch the Stratus product in the near future as well as exploring the reintroduction of the other roofing systems at a later date.
Tim Bateson, restructuring director at KPMG, said: “Whilst we are continuing to market the remaining businesses and assets of the Company, we’re delighted to have completed this sale, which will recover value for the company’s creditors.”
Aperture Trading Limited ceased trading at the end of March after “no acceptable offer” was received for the business.