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Confetti, the Oldham-based wedding supplies firm, has been sold out of administration by RSM Tenon to a new company called Confetti Celebrations, and the 34 staff will relocate to a new site.

Confetti is planning to expand its chain of five wedding stores to 15 over the next two years, having appointed Blair Kirkman to find suitable sites.

Confetti is to open its first wedding gift store outside London in Leeds in October, and a nationwide chain could follow.

Confetti, the online wedding gifts business, has acquired Jerry's Home Stores, the chain of homeware stores, for undisclosed terms.