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Texol Technical Solutions

Texol Technical Solutions has been bought out of administration by Glasgow-based investment firm Symphony Equity Investment Syndicate, securing the future of 60 jobs at its Dundee-based engineering business.

Texol Technical Solutions, the Dundee-based supplier of prototyping, packaging and fabrication services, is planning to create up to 250 jobs over the next five years, to add to the existing 220-strong workforce.

Texol Technical Solutions has acquired Prisme Packaging and Klever Cases, the Carnoustie box-making company, for a combined £0.5m.