150 Tolent jobs saved in family rescue deal


Around 150 jobs at collapsed Tolent’s Teesside operation are to be rescued following a family acquisition. 

Novaone teesside project
by Rory ButlerFebruary 23, 2023

Brothers Richard and Jason Wood, sons of Tolent founder John Wood, will take on operations and employees a week after the contractor fell into administration. 

Tolent is one of the largest contractors in the North East, with revenues of around £200 million. Its collapse made more than 313 staff redundant 

Brims Construction, in Sunderland, was founded by the brothers after they departed their careers at Tolent some 16 years ago.   

The rescue deal will see Tolent’s former Teesside management team hired to Brims, along with members of its workforce and supply chain. 

Brims will also assume some of Tolent’s commercial pipeline.  

The Wood brothers are also said to be in talks with administrators to purchase the Teesside office. 

Interpath Advisory has been appointed as administrators of Tolent and its subsidiaries.  

The brothers, with co-director Ian Cliff, said Tolent is ‘close to their hearts’, adding: “We are confident we can minimise any job losses by quickly stepping in this way.”  

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