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NovaScotian Crystal was founded in 1996 and employs traditional glassworkers from Ireland, including some from the famed Waterford company. (CBC)

Once headed for closure, Canada's only crystal maker has found a buyer.

The financially-troubled Nova Scotian Crystal, based on the Halifax waterfront, announced in February it had run out of money and would have to close.

But now, one of the original founders has stepped forward and closed a deal to buy it. Anne Campbell first became involved with the company even before it started blowing glass in 1996.

"There’s a great team of people here. The show of support from the existing customer base has been tremendous and a lot for people want to make this work and I think we can make it happen," she said.

Campbell said she plans to keep the business running, hopefully on the same waterfront location.

She would not disclose how much she paid for the company.

About 43 people are employed at the company.

The previous owners placed the company in creditor protection. That process is still working its way through the courts.

Campbell said she will not assume any of the $1.7 million debt.