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Deals confirmed as Cosalt enters administration

19th February 2013

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ADMINISTRATORS from PwC were this week appointed to Cosalt with the company's shares cancelled from the Stock Market.

David Kelly and Andrew Ross are the joint administrators of the Grimsby-based marine safety business.

The pair have sold the company's 100% shareholding in GTC Holdings and, as previously reported, have offloaded the Cosalt Offshore Norway A/S business to Dunwilco (1793), a company backed by NBGI Private Equity.

The two operations will continue to trade normally under separate ownersh......for the full story register now for free or login below...


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