Struggling Canute Group has completed a pre-pack sale, in a move that saves 800 jobs at the business but will likely leave some creditors of the firm out of pocket. The company has been sold to Almtone, a holding company registered in September 2017, for an undisclosed sum – it had been suggested this was for a nominal £1 but Canute denied this. Almtone shares a common director with Canute Group in the form of Glenn Marshall. The other listed […]
Wincanton has signed a five-year contract with Wilko to manage its transport operations, ending a 29-year relationship between the retailer and Canute Group.
Canute Group has confirmed that its operations director Gary Sharp has retired.
Canute Group has been forced to reassure staff that the business will endure after a delay in paying wages earlier this month.