Over 600 jobs in the balance as administrators take charge at logistics firm
Some 618 jobs are hanging in the balance after – as expected – Rebecca Dacre and Simon Chandler of Mazars were appointed as joint administrators of Nottinghamshire-based Prolog.
Prolog is a provider of warehousing, distribution and logistics services, with 618 employees based at two sites in Nottinghamshire and Suffolk. All staff have been notified and no redundancies have been made. Thanks to the support of all of Prolog’s employees, as well as its customers, the company is continuing to operate while the joint administrators seek a purchaser.
A statement from Mazars said: “The business has already generated significant interest from potential buyers, and the joint administrators welcome further enquiries.”
Last week, Chandler said: “Even at this early stage, I would like to thank the staff and customers for their positivity and support at what is a very difficult time.
“We are seeking to engage with all stakeholders to find a way forward that minimises disruption and gives us the best chance of retaining the workforce.
“The customers we have contacted have been responding very positively, and this is in part due to the excellent service and commitment shown by the company’s workforce in the past. We will continue working with all parties to reach the most positive solution possible.”