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Administrator saves 100 jobs

by Rachael Singh

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25 Feb 2011

beever-and-struthers

AN ADMINISTRATOR from Beever & Struthers has saved 100 jobs at security business Group Response Global (GRG) through a sale.

Charles MacMillian, partner and head of corporate recovery at Beever & Struthers, sold the company to rivals Kingdom Security, saving 100 of the 112 jobs in the process.

MacMillan said: "While the demise of any business and the consequent loss of jobs is obviously disappointing I was pleased to secure the transfer of the vast majority of jobs at GRG to Kingdom Security."

North Yorks-based GRG was formed in 1997 and has clients such as Leeds United FC and Drax Power Station.

MacMillian was appointed administrator on 21 February.

 

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