Rob Hunt, Stephen Oldfield, Derek Howell and Roger Marsh, of PwC, were appointed joint administrative receivers of Brandons plc on 7 April 2003 and have continued to trade the business from that date with a view to securing a sale.
Commenting on the sale, Rob Hunt of PricewaterhouseCoopers, said: ‘I am delighted that a sale of the business has been secured and am particularly pleased that we have been able to preserve the jobs of over 1,000 employees.’
‘I remain grateful for the support of the supplier base, without whom the business would have had to have closed some time ago.’
Brandons is is based in Scropton, Derbyshire, with an operation in Abergavenny, South Wales, and employs in excess of 1,000 people.
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