date:Jun 12, 2012
as well as protecting employment and continuity of supply to customers.
All employees retained by the company following administration will be transferred to the new owner along with assets.
Positive news
Stephen Oldfield, joint administrator and PwC partner said:The sale is positive news for all stakeholders as it enables the transfer of 55 employees and preserves continuity of supply to customers in the North East, providing a longer-term solution beyond the tolling agreement.
Mr Oldfield