Wrights Group goes into administration

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By Jim Gibbins - 1st October 2019

UK -After many weeks of speculation, double deck bus building specialist, Wrights Group of Ballymena in Northern Ireland, UK has gone into administration.

A statement in July by the Wrights Group indicating cashflow issues and the requirement for an investor to take the company forward triggered an element of concern for its 1250+ employees. The statement said: “As Wrightbus continues to expand its global customer base, there is increased complexity to tailor our products to the climate, territory and operating characteristics of our diverse customer base. To strengthen the company’s ability to accelerate its development of these new technologies Deloitte is working with the company to explore the potential of bringing on board an investor. This is to ensure that the skills and talents of our Ballymena workforce continue to deliver cutting-edge transport vehicles to our customers near and far. The company continues to win new business, and this is evident in the recent uptake of our zero emission fuel cell vehicles bolstering a strong 2019 order book.”

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