PKF turn the lens on Vivitar as administrators
Camera equipment company Vivitar collapses owing £4m to creditors
PKF has been called at troubled camera equipment business Vivitar with the
company owing £4m to creditors.
Eddie Kerr and Brian Hamblin have been appointed joint administrators to
Vivitar, which has an operation based at the Meridian Business Park in
Leicester.
The £23 million turnover business employed a workforce of 14 in Leicester and
12 in Paris. All have been made redundant.
‘Unfortunately, the failure of the company’s American parent has meant that
the viability of Vivitar is no longer sustainable,’ said Kerr. ‘We are exploring
strategies to minimise the significant losses to the creditors, both at home and
abroad.’