Press Red acquires Soundsense rental business
13 October 2003
UK - Telford-based Press Red Rentals Ltd has acquired the rental business of Soundsense from the liquidator, Bristol-based Bishop Fleming. Established in July 1997, Soundsense rented audio-visual, sound and video nationwide. The company was placed into voluntary liquidation on 17 September, at which point Bishop Fleming was appointed liquidator.
Press Red Rentals has acquired certain assets and goodwill from the liquidators for an undisclosed fee. Managing director Mark Stoner commented: "We are pleased to have been able to close this deal quickly and efficiently as it means we can offer continuation of service to those customers who previously rented from Soundsense. We would like to take this opportunity to thank those customers who have been so supportive during this transitional period."
The business will trade under the Press Red banner.
(Le Baldock)
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