Creditors of Aspray Transport have voted in favour of a company voluntary arrangement (CVA). The full details of the CVA have not been released, but Aspray owner Bushell Investment Group said 99% of the company’s trade suppliers had supported it, representing a clear “reflection of their support of the proposed turnaround strategy”. It added that the CVA would be completed in six months or less and “trade suppliers will be paid in full on their normal trade terms”. Following the […]
A back-to-basics approach has helped Premier Logistics to successfully trade through its 18-month Company Voluntary Arrangement (CVA), the company has revealed.
Aspray Group founder Pat Laight has severed ties with the business after its new owners, Bushell Investment Group, applied for a company voluntary arrangement (CVA), motortransport.co.uk can reveal.