Thursday, March 22, 2007
New owners will redevelop Peugeot's Ryton site
LONDON-BASED Trenport Investments Ltd has exchanged contracts for the purchase of the 140-acre Ryton site from PSA Peugeot Citroën.
The new owner said it intends to develop the land to provide several hundred jobs and to achieve diverse business opportunities in the future that will bring more employment and wide-ranging economic benefits to the area. "We expect to commence this process immediately upon completion of the purchase on 16 April," said managing director, Tony Parson.
DATED: 22.03.07
FEED: AW
The new owner said it intends to develop the land to provide several hundred jobs and to achieve diverse business opportunities in the future that will bring more employment and wide-ranging economic benefits to the area. "We expect to commence this process immediately upon completion of the purchase on 16 April," said managing director, Tony Parson.
DATED: 22.03.07
FEED: AW
