Hargreaves Services has purchased civil engineering and earth moving group Pryor, after the latter was placed into administration. Pryor had been poised to enter administration since January “owing to a severe short-fall in working capital”. In a statement issued today FRP Advisory said the sale of the ongoing business, trade and certain assets to Hargreaves (UK) Services, a subsidiary of Hargreaves Services, had secured the future of the Harlow-based business. FRP said Pryor has since the final quarter of 2015 […]
Kent operator DF Services has been acquired by investment firm HLD Group for an undisclosed sum.
S&S Distribution, the Kent-based haulier snapped up by Palletline last year, recorded a pre-tax loss shortly after its purchase, newly published accounts show.
BC Transport owed almost £1.5m when it was placed into administration earlier this month, and unsecured creditors are unlikely to recover any money despite the subsequent sale of the business.