Jobs saved as Black Country manufacturer sold out of administration
THE jobs of more than 100 people at a Black Country manufacturer have been saved following a deal to sell the business out of administration.
Diana Frangou and Guy Mander, of RSM, were appointed joint administrators to Kingswinford-based Ultra Furniture. The company manufactures upholstered furniture to the UK retail market.
On appointment, the business has been sold by the administrators to Kidderminster-based PPKidd 56.
The sale secures the jobs of 116 employees and ensures it can continue to supp... For the full story register now for free or login below...