Statement: Miller Argent (South Wales) Ltd
The Miller Group and Argent Group have completed a sale of their shareholdings in Miller Argent Holdings Limited, the parent company of Miller Argent (South Wales) Limited.
The sale was completed on Thursday 7th January 2016. The new shareholder is Gwent Investments Limited, which is based in South Wales and is a privately owned family business.
Miller Argent (South Wales) Limited has not sold nor has any intention of selling Ffos-y-fran.
A spokesman for Gwent Investments stated;
“We are delighted to be involved with such a successful company.
Miller Argent (South Wales) Limited has become one of the most successful land reclamation and surface mining companies in the United Kingdom. The company is now over half way through working the Ffos-y-fran Land Reclamation Scheme and is running approximately one year ahead of programme.
It will be very much business as usual. Site operations will be unaffected by the change and we do not anticipate that there will be any material changes to the workforce or to the site management.”