BusinessBusiness RecoveryAdministrators save 160 jobs Bemrose Booth

Administrators save 160 jobs Bemrose Booth

Administrators David Rubin and Henry Lan sold printing business Bemrose Booth to Paragon saving 160 jobs

Administrators from David Rubin & Partners have sold printing business
Bemrose Booth saving more than 100 jobs.

Paragon, also a printing company, bought the business for an undisclosed sum
and saved approximately 160 jobs, according to the administrators.

David Rubin and Henry Lan, both partners at David Rubin & Partners, were
appointed joint administrators on 28 June. They continued to trade the business
until a buyer was found.

Until two years ago the business employed 650 staff, although employee
numbers were reduced to 350 in the last 12 months.

A week before administrators were appointed, the business shut down its Derby
operations, resulting in 160 redundancies while 26 redundancies were made at its
Hull site.

Further reading:

Craftmatic
appoints David Rubin as liquidator

Alexandra
plc collapses- PwC called in

Deloitte:
Administrations at pre-credit crunch low

Related Articles

R3 calls for creditor 'breathing space' to help turn companies around

Accounting Standards R3 calls for creditor 'breathing space' to help turn companies around

2y Chris Warmoll, Writer
R3 cautiously welcomes advent of simpler bankruptcy regime

Business Recovery R3 cautiously welcomes advent of simpler bankruptcy regime

2y Chris Warmoll, Writer
Taking Stock: Spotting accounting flaws is child’s play

Audit Taking Stock: Spotting accounting flaws is child’s play

2y Taking Stock
Former Scots Tory party treasurer hit with bankruptcy restrictions

Business Recovery Former Scots Tory party treasurer hit with bankruptcy restrictions

2y Richard Crump, Writer
Administrations ‘flat-line’ as personal insolvencies hit low

Business Recovery Administrations ‘flat-line’ as personal insolvencies hit low

2y Richard Crump, Writer
Company and personal insolvencies sink to pre-recession lows

Business Recovery Company and personal insolvencies sink to pre-recession lows

3y Richard Crump, Writer
Bankruptcies hit lowest quarterly level in 15 years

Business Recovery Bankruptcies hit lowest quarterly level in 15 years

3y Richard Crump, Writer
PwC faces $1bn lawsuit over bad MF Global advice

Accounting Firms PwC faces $1bn lawsuit over bad MF Global advice

3y Richard Crump, Writer