Buyout sees jobs saved at optical firm

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JOBS at firm Norville Optical look to have been saved after a £2.4m buyout.

Bath-based Inspecs has bought the freehold for the Norville factory in Gloucester, the remainder of the stock and various contracts as part of the deal which was confirmed this wek.

The company has said it intends to keep part of Norville’s current management team and employees.

Norville Optical covers their laboratories and Gloucester factory in

Magdala Road, which has been making lenses and glasses in the city for more than 150 years.

Robin Totterman, CEO of Inspecs, said:“we look forward to welcoming the Norville team into the heart of the Inspecs Group and working together to create a truly cutting-edge integrated eyewear business,”

Retail division Norville Opticians, which has nine practices and shops, has been sold to other companies and are unaffected by this deal.