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Daily Record
Daily Record
National
Toni Lennox

Hundreds of jobs saved after Irvine factory bought from Russian ownership

Russia Irvine

Over 200 Irvine jobs have been saved after a Russian-owned chemical plant was bought over for an undisclosed amount.

Barony Universal Products Plc, based in the town's Riverside Business Park, has been bought out of a Russian company's control by C.A.L.M Singularity, a Cyprus-based firm, on Friday.

The household product manufacturer that has been in the town since 2011 was previously owned by the Russian parent group The Arnest Group and boasts 250 jobs.

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