News came out on Saturday night that Filofax has been sold in a new joint venture, Harolde Savoy, whose family owns the Blueline/Rediform stationery supplier group in North America, has agreed to purchase the Letts Filofax Group with its chief Gordon Presly, under the joint venture HSGP Investments.
The story in full was published in the UK newspaper the Daily Telegraph read it in full here:
Rediform are Canadian based stationery company employing over 300 people, they have been around since about 1917, so a similar age to Filofax (1921). They have an existing range of planners and diaries but in a quick scan of their site I didn't see any organiser products.
What they do have is a product they call MiracleBind where you can remove and reposition pages, sound familiar?
I've not as yet seen any announcements other than the news article above, but it looks to me like the companies future has been secured. My main hope/wish is that the established and experienced staff I've had the pleasure to deal with in the last few months have secure jobs for the future.
The story also appears in the Scotsman:
And in STV (Scotland TV)
The timing of this announcement is very interesting... National Stationery Week starts on Monday...
Naturally if I hear more on the new joint venture I will share it with you all.