Blue Helix completes shares buyback from B3 Industries

Blue Helix completes shares buyback from B3 Industries

The directors of Blue Helix, Daniel Hall, Colin Ryall and Steven Spice, have completed the buyback of Blue Helix shares from B3 Industries.

A statement from the company said, ‘The transaction was finalised on Monday 21st May 2012. We are no longer connected with B3 or any of the associated B3 Group companies. The decision was made to take the above action as it was felt that no benefit was gained from being part of the group. We felt that some of our customer and supplier relationships were being damaged by remaining in the group. Blue Helix has enjoyed impressive growth since our foundation in 2003 and we have always maintained a focus on service and partnerships, the buyback ensures that we return to our principles. It is very much ‘business as usual’. Thank you for your support in the past and I look forward to continuing our working relationship in the future.’

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