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Rescue deal for North Sea Ventilation

7th August 2012

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The sale of a heating and refrigeration equipment business has saved 80 jobs.

North Sea Ventilation went into administration on Friday and has now been bought by Terton Ltd, a newly formed company.

Terton is owned by Hull-based Dynac UK led by Paul Hart who was a director of North Sea Ventilation until last year.

Howard Smith, joint administrator and associate restructuring partner at KPMG, said: "We are very plea......for the full story register now for free or login below...


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