A BOOKBINDING firm with operations in Huddersfield has been saved by a grandson of one of its founders.
Charles Dunn, grandson of founder Hugh Dunn, has bought Riley Dunn and Wilson out of administration.
The deal, for an undisclosed sum, safeguards the jobs of 18 workers at premises in Red Doles Lane, off Leeds Road, Bradley Mills, and 39 staff in Falkirk, Scotland.
Mr Dunn has bought the business with co-director Jeremy Mills, who formed a new company, Dunn and Mills, in order to acquire RDW.
Subject to approval by RDW's shareholders, the directors of Dunn and Mills also hope to acquire the trading name of Riley Dunn and Wilson.
The move would ensure the continuity of a business dating back almost 100 years.
Mr Dunn said: "RDW has a reputation and tradition for excellence in craftsmanship and customer service.
"We have exciting plans to build on these strengths while also becoming more flexible, more targeted and more entrepreneurial.
"There are substantial and growing markets for specialist publishing and book production services - such as conservation, repair and restoration - which we plan to develop."
Mr Dunn said there was also a growing demand for `short runs', as well as special editions and bespoke products.
Kenny Craig, joint administrator with accountancy firm Tenon, said the new owners had enormous experience of the bookbinding business and had exciting plans to develop and grow the company.
He said: "We are also very pleased that nearly 60 skilled jobs have been secured.
"This is important for Britain's publishing sector and the local economies of Falkirk and Huddersfield."
RWD went into administration in March, when 20 jobs were axed at Huddersfield and 52 at Falkirk.
At the time administrators said the firm had been hit by falling demand for bound volumes of reference material and periodicals as more people opted to store information electronically.
The Huddersfield business was founded in 1897 as B Riley and Co.
It began in Half Moon Street in the town centre before moving to Red Doles Lane.
It was bought by bookbinders Dunn and Wilson, of Falkirk, in 1956.