Property group M20 Group has been revealed as the new owner of a former Stoke-on-Trent pottery factory site.
Administrators from PwC have confirmed that the Manchester company bought the former Dudson factory in Stoke-on-Trent late last year – for the £3 million asking price.
The 220-year-old firm collapsed into administration in April last year due to cash flow pressures and falling sales and all of the company’s 385 staff lost their jobs.
A spokesman for PwC, said: “PwC continues to manage the liquidation of Dudson Limited and Dudson Holdings Limited and we can confirm that the Stoke factory was sold to M20 Group in late 2019.”
It is not yet known what the future plans are for the 9.4-acre site, but demolition work has started at the Scotia Road building.
The M20 Group has been contacted for a comment.
Former Stoke-on-Trent MP Joan Walley said: “The demolition of the Tunstall factory is a bitter blow for everyone connected to Dudson’s. It is galling to see an outside property developer now overseeing the future of a site that contributed so much to local jobs.
“The new owners should work with the council to understand how future use of this anchor site could best shape future prosperity for Tunstall and set the highest standards.”