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Firm names North Atlantic Value as potential suitor

Fayrewood in sale talks

Fayrewood, the owner of UK distributor Interface Solutions, has confirmed that it is in talks with North Atlantic Value over a potential purchase of the company, after it increased its stake in the company to 24.71 per cent.

Earlier this month, it confirmed that it had been approached by a third party, however, declined to comment on who it was.

Fayrewood has been cautious though to stress that these talks, and North Atlantic Value’s purchase of shares did not represent a "firm intention" to launch a takeover bid.

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