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Birmingham Post
Birmingham Post
Business
Lauren Phillips

Wrexham textiles firm Riva UK completes seven-figure MBO deal

A textiles firm in North Wales has undergone a management buyout backed by a seven-figure sum from the Development Bank of Wales. Based on Wrexham Industrial Estate, Riva UK was first established in 1993 by Rita Bird.

They now employ over 50 people and supply custom engineered textile solutions to a variety of blue chip companies, including automotive, emergency services, aerospace and industrial sectors.

Joe Quinlan, who has served as operations manager for Riva since 2017, will take over from outgoing managing director, Carl Bird, who has agreed to stay on as a consultant.

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