16 Oct 2009
The assets of van and truck manufacturer LDV have been sold on after the company was placed into administration in June.
Administrators Rob Hunt, Mark Hopkins and Matthew Hammond of PricewaterhouseCoopers said the assets had been sold to company Eco Concept Limited.
Contracts have now been exchanged and formal completion of the contracts is expected to occur in the next four weeks.
The sale followed a nine week intensive period of due diligence. The company went into administration on Monday, 8 June 2009.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
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