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Jobs saved as Metalrax sold out of administration

2nd April 2013

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WELL-known Midlands manufacturing firm Metalrax, which went into administration earlier this week, has already been sold.

The Alvechurch firm - a niche supplier of specialist engineering and consumer durable products such as bakeware - announced that it was entering administration and that its shares had been suspended on AIM.

But, on appointment, administrators from KPMG sold the business and assets of the niche ......for the full story register now for free or login below...


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