Northants engineering firm sold out of administration
A Northants-based electrical engineering firm, which went into administration last month, has been sold to a new buyer.
Nick Edwards and Graham Bushby from RSM Restructuring Advisory were appointed as joint administrators of European Drives and Motor Repairs on 15 June. The company specialises in the repair and rewinding of servo motors and drives.
Some 27 staff have made been made redundant at the firm.
European Drives and Motor Repairs has been acquired by the Unis Group, a Netherlands-based international service company which sp... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
