 Factories in Easthams, Thornton, Burnley, Deeside, Gillingham and Lincoln were closed, with work transferred to Darlington and Keighley.In March 1994, Berisford acquired the company and planned to re establish Magnet as the Number One Kitchen and Joinery company in the United Kingdom.The company's financial performance stabilised, but a lack of investment and a long running industrial dispute meant that the company did not see any significant growth.