A clear exit strategy
Image Factory hit some difficulties in 2018 due to Brexit issues, deferred projects and lack of confidence in the high street. Through strategic planning with Hallidays, Terry now has a clear exit strategy and Image Factory has strengthened following the sale to Paragon Group, a £900 million turnover company based in Dublin.
Paragon Group have also taken the option to purchase the trading premises after 3 years. They plan to combine Image Factory with their manufacturing facility in Taunton.
“I’d like to thank Hallidays for their sound advice and support throughout the whole process. The deal and transition process went smoothly and we’re looking forward to the future with confidence.”