Dumbarton Football Club have announced that majority shareholders Brabco have been bought out and the club have new owners.

In a statement the club said Cognitive Capital Ltd have concluded a deal that will see them take immediate control at the C&G Systems Stadium side and sees Brabco’s 13-year stint in control come to an end.

Companies House states that Cognitive Capital are currently registered to an address in Birmingham and have two active board members in the role of director.

Matthew Atkinson, an architect, aged 31, and Henning Kristoffersen, a 47-year-old Norwegian sales director are the named active directors of the company.

The nature of the business is named as a ‘ready-made interactive leisure and entertainment software development’.

Mr Atkinson was also named sole director of a company named ‘More Homes DFC Ltd’ on April 15.

The club said in a statement on its website: “Dumbarton FC can announce that a deal has been concluded today for Cognitive Capital Ltd to buy out Brabco's majority shareholding in the club.

“We had been in discussions with Cognitive Capital Ltd for some time and we look forward to working with them as our majority shareholder.

“The group has significant plans for the club which we look forward to embracing in the weeks and months to come.

“We wish to thank Brabco for their valued involvement with us over the years.

“We will keep our supporters fully informed of plans for the progress of the club.”

Brabco struck a deal in 2008 to buy out the club's then majority shareholder, Neil Rankine. 

Brabco was controlled by Sons director Callum Hosie and his son Andrew.

Callum Hosie died in 2018, aged 73, after a long illness.

Cognitive Capital Ltd have made no comment so far.