Almtone owned Canute Group placed into administration; some jobs saved but 450 lost


 

The reign of Almtone-owned Canute Group came to an end today (21 December) just over seven months after it began with the pre-pack administration and sale of its predecessor company. Close to 600 staff at the firm were informed verbally at 4pm today that the business would be moving into administration with Begbies Traynor handling the process. “All services have been suspended and the fleet has been ordered to cease activity. “The vast majority of staff have been let go, […]