Tributes Have Been Paid to the Co-founder of an Auction Business Which Grew Into an Industry Leading Company

A statement issued by the firm said "John lived a fantastic life full of laughter and hard work". Tributes have been paid to the co-founder of an auction business which grew into an "industry leading company". John Pye Auctions said on Tuesday it was with "great sadness" it announced the death of co-founder John Pye at the age of 95. The company was founded by John and Ann Pye in 1968 as a partnership named 'Furniture & General Auctions' at Nottingham's old Cattle Market site.

"He was immensely proud of what John Pye & Sons has become, which is thanks to his determination, vision and every single one of the extended John Pye family - his colleagues over all the years, the statement added. "He founded John Pye & Sons in 1968 with just a horse and cart, and lived to see a small business grow into a British industry leading company. Those of you who knew him or met him will know of his larger than life character, and the positive and playful impact he had on those around him.

For the first two decades, the firm specialised in managing probate house clearances, cessation of business asset disposals and private chattels. In 1990, the company was incorporated as 'John Pye & Sons Limited' and relocated to larger premises at Banton House in Meadow Lane, near Notts County's stadium, to expand its client base in the East Midlands. It later acquired the former Shipstone's 'Star' Brewery site in New Basford in 1995 as the business grew in the 1990s, the company said. The company added it first moved from live traditional auctions to 24-hour timed auctions in 2007. In addition to the company's head office in Nottingham, it now has auction hubs across the country, including in Derby, Birmingham, Bo'ness and Margam, with a further site in Zaragoza, Spain.