DWF steps in for Cobbetts
31st January 2013
LAW firm DWF has confirmed that it is set to buy ailing rival Cobbetts in a pre-pack deal.
TheBusinessDesk.com revealed on Thursday that Manchester-based Cobbetts, which has more than 500 staff in Leeds, Birmingham, was in financial trouble with debts of £10m and was looking to appoint an administrator.
Managing Partner and CEO of DWF, Andrew Leaitherland said: “DWF’s plans to grow, in a strategic, targeted way have been clearly set out and this move supports that goal.
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