Pre-pack deals save 430 jobs at manufacturing group
Administrators have agreed six pre-pack deals to save 430 jobs at a Lancashire manufacturing group.
Richard Harrison and Howard Smith from Interpath Advisory, were appointed joint administrators to 14 companies across Pexion Group.
The deals included the sale of Precision Engineering Pieces to Geometric Manufacturing, with 38 members of staff moving over. The two Tewkesbury companies are based on opposite sides of junction 9 of the M5.
Richard Harrison, joint administrator and managing director at Interpath Advisory, said: â€... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
