Cheshire manufacturer bought out of administration
A Cheshire business has bought the assets and stock of a Crewe firm which went into administration last month.
Administrators were called in at Stacey Europe, which was based in Crewe, in July.
The assembly side of the business - Stacey Cables - has been bought by Autac which is based in Macclesfield.
A number of staff have moved with the business but most have lost their jobs as a result.
The administrators from accountancy Leonard Curtis had been looking for a buyer for the business.
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