Cartwright Conversions, a subsidiary of the Cartwright Group in administration, has been sold to Sheffield-based Trek Group in a £4.8m deal. The sale of the Belton, North Lincolnshire-based business, which is a specialist convertor for blue light emergency vehicles, saves 66 jobs. Trek Group said the new company will retain the Cartwright name, due to its reputation in the industry, and will be called Cartwright Vehicle Conversions. It will be led by Cartwright Conversions’ MD Steve Shaw (pictured). Tom Janion, […]
Civil engineering and earth moving group Pryor is understood to have issued an intention to appoint administrators.
The government has rejected calls from two select committees for an urgent change in insolvency law, after the collapse of City Link last Christmas left sub-contractors and non-secured creditors £30m out of pocket.
Own account operator Poundworld Retail has appointed administrators after talks with a potential buyer collapsed.