Stephen Oldfield and Mike Gercke, joint administrative receivers to steel supplier Philip Quantrill Structural Engineers, said the firm had been sold to SCWS, a Dereham-based engineering company.
Oldfield said that, since his appointment last month, he had been acutely aware of the importance of the car park to Norfolk.
‘I am really pleased to be able to announce the sale of the business to SCWS today, which has preserved the majority of jobs at Quantrills and has allowed the seamless transfer of the business protecting the St Andrews project from any severe disruption,’ he said.
It is understood 46 of the 60 jobs at the firm have been preserved.
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies
Smith & Williamson has been appointed administrators of charity 4Children