Acquisition

Leeds lighting firm Dowsing & Reynolds saved via management buyout, 29 jobs secured

What's the deal? Dowsing and Reynolds Home LtdDealroom has a profile for this one. Try Dealroom →, a Leeds-based lighting and interior design company, has been acquired out of administration, safeguarding all 29 jobs. Chris Brooksbank of CB Business Recovery LtdDealroom has a profile for this one. Try Dealroom →, appointed administrator on October 7, 2026, immediately sold the business and assets to Dowsing Reynolds UK LtdDealroom has a profile for this one. Try Dealroom → through a management buyout. Terms were undisclosed.

Why now? During 2026, the company faced rising supplier costs, mounting administration expenses, and falling sales revenue. Those pressures created cash flow problems that pushed it into administration.

What's the endgame? The Dowsing & ReynoldsDealroom has a profile for this one. Try Dealroom → brand, established in 2013 and based on Hunslet Trading Estate in Leeds, will continue trading. Its online store and Leeds showroom are operating as normal.

The signal: A pre-pack-style sale to management keeps the brand alive and preserves every job, offering continuity for customers even as the underlying company exits administration.

Read more: insidermedia.com

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