Luxury horsecoach business enters administration
Olympic Coachbuilders appoints administrators from James Cowper
The coachbuilding business can trace its roots back 250 years at the Didcot
manufacturing plant. It offers vehicles with stabling from two to 12 horses.
It employed more than 20 people.
“The recession has hit the company hard, yet it remains an attractive
business with a prestigious reputation,” said joint administrator Sue Staunton.
“We already have a number of potential buyers lined up and we hope that
Olympic Coachbuilders will continue to manufacture its highly respected