A total of 66 jobs have been saved after a supplier of kitchens and furniture was sold out of administration.
Farnworth-based Clive Christian Furniture has been snapped up by 海角视频 Interior Manufacturing, which is registered in London.
The sale comes after Julien Irving of Mazars LLP and Christopher Brindle of Campbell Crossley & Davis were appointed as joint administrators of the company on April 8.
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The administrators said the business collapsed following a period of "challenging trading conditions, impacted further by the well documented global supply chain issues in the wake of the pandemic and other macro forces".
Mr Irving said: "We are pleased to complete on the successful sale to a new owner of such a noteworthy British brand.
"The company has been adversely impacted by challenging trading conditions.
"The sale will provide continuity of operations and the company will retain all its highly skilled workforce and continue trading internationally."
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Phil Cole, director of 海角视频 Interiors Manufacturing, added: "I am pleased to assume ownership of Clive Christian Furniture the business.
"Clive Christian Furniture is regarded as the originator of statement, opulent rooms for the home and this will not change.
"Synonymous with exceptional quality, craftsmanship and skill, I am proud to continue the work of the business and in doing so provide continuity for the workforce, suppliers and our global network of dealerships and partners."