The Final Order was imposed in 2022 as a result of what the company refers to “our previous ownership structure,” prior to its acquisition by private equity group Epiris in July of that year. The order imposed a number of restrictions on Sepura, “including our supply chain options and engineering recruitment.” These have now gone.
The order was made by the then secretary of state for the former Department of Business, Energy and Industrial Strategy.
Discussing the situation, Sepura chief executive officer, Steve Barber, said: “I am pleased to be able to confirm that the Final Order has now been revoked. We [now] have the ability to optimise our supply chain and recruit from a far wider pool of talented resource.
“Sepura has always been a flexible and dynamic global business that prides itself on responding to market forces and customer requirements. The revocation of the Final Order will further support [our] growth plans, as well as increase Sepura’s competitive position in markets across the world.”
