Axminster Carpets: Consortium saves Devon firm and 100 jobs
6 April 2013 Last updated at 16:43 BST
Axminster Carpets will begin trading again on Monday after a deal was made to save the company and secure about 100 jobs.
A consortium, led by private investor Stephen Boyd, acquired the business "as a going concern" from the administrators Duff and Phelps.
The firm went into administration on February with the loss of 300 jobs.
Adam Parsons reports