Former Pilkington HQ sold to local investor

Date: 20 March 2015

Investment start-up Pheasant Equities has exchanged contracts to buy Alexandra Business Park in St Helens from the town's iconic glassmaker Pilkington.

Pilkington, which was acquired in 2006 by Tokyo-based Nippon Sheet Glass, partly occupies the park but is understood to be readying itself to withdraw when the sale completes.The park's business premises, including a 12-storey tower and three-storey blocks, are now largely occupied by other companies.

Incorporated in April 2014, Pheasant Equities has one shareholder and director, Eileen James, from St Helens. Adonis Michael, a property consultant lawyer who used to work for DWF in Liverpool, is advising Pheasant Equities.

Notices have been posted around the business park alerting tenants to the exchange of contracts to sell Alexandra Business Park. The completion date is set for 1 June 2015.

All parties declined to comment.

Read the full news here.

600450 Former Pilkington HQ sold to local investor glassonweb.com

See more news about:

Others also read

NSG Group is pleased to announce that Pilkington United Kingdom Limited, part of NSG Group, intends to use green hydrogen at its site and scale its production of low carbon glass from 2027, under pioneering new plans with Grenian Hydrogen.
Sternfenster has installed its new Forel high-speed automatic glass line, promising increased output, greater accuracy, and will future-proof the trade fabricator for an expected increase in demand for triple glazing, according to the company.
Pilkington Nederland BV has recently taken a significant step forward in quality assurance by incorporating the Sparklike Laser Portable™ into their production process.
British Glass releases policy position document outlining contributions and challenges of UK glass sector.
The Annual General Meeting of BV Glas (Bundesverband Glasindustrie) has elected Christian Quenett its President for the next two years.

Add new comment