Blue Diamond Technologies has been re-acquired by its original owners, Richard Worley, former managing director, and his brother, James, former operations director. This follows its purchase four years ago by Swedish seal and bearing manufacturer Trelleborg Group.
Incorporated in 1977 as a stockist and distributor of engineering and industrial components, Blue Diamond was originally owned and managed by members of the Worley family.
Under the new ownership, Richard will be chair and James will be managing director. The company will continue to operate from its existing offices and warehouse in Chandlers Ford, near Southampton in Hampshire.
James said: “Richard and I were in at the beginning with Blue Diamond, nurturing its capability and developing its specialist skills so when the opportunity came along to be involved once more, we jumped at the chance!”