Canburg saved from administration
Gary Barnett of Extell Development Company has purchased the business and its assets
Following the recent news of Canburg entering administration, it has been announced that the founder and president of Extell Development Company Gary Barnett has purchased Smallbone of Devizes, Mark Wilkinson Furniture and Brookmans.
The purchase ends months of speculation about the brands and was made possible through a company called Sapphire 700.
This sale has secured the jobs of 260 employees across the business.
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The deal will allow continued production in Devizes, and all purchases across the three brands will continue to be produced and delivered.
Canburg’s existing management team, led by executive chairman Ian Gray, is working alongside Sapphire to ensure the future success of the company.
Ian Gray commented: “We would like to thank our customers, suppliers and staff for their recent support and are focused on working with our new American partners as we continue production to fulfil the order book.”
The new owner Gary Barnett commented: “Having deeply admired the company for many years, I was so keen to take this great opportunity to acquire these unique brands.
“Over the past 10 years, I have had the pleasure of working with Smallbone of Devizes on many projects, such as our One57 development in Manhattan.
“I am looking forward to working to develop and evolve these luxury British, hand-made furniture businesses in the UK and around the world.”
Sapphire 700 Limited is part of an international business group and intends to use its resources to build on the strength of these brands.
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Sintered stone manufacturer Neolith has launched Calacatta Roma and Cappadocia Sunset, inspired by nature and classical architecture, and for use in kitchens or bathrooms walls, floors, in gardens or facades.
They belong to The New Classtone and Fusioncollections which interpret marble and natural stone, respectively, and boast Neolith’s antibacterial NeolEAT technology.
Inspired by Ancient Rome, Calacatta Roma (pictured top) pays homage to Italian Carrara marble, with ochre and grey veins in a white background.
While the Cappadocia region, in central Turkey, with its rock formations formed by volcanoes and underground cities, has inspired Cappadocia Sunset (pictured below).

Just like all of Neolith’s surfaces, Calacatta Roma and Cappadocia Sunset are resistant to heat and atmospheric conditions, are 100% recyclable, and do not contain added quartz to their formulation.
Mar 14, 2024
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