Failed deals caused Egerton’s breakdown

A PAIR of unsuccessful acquisitions and an extremely competitive trading environment led to administrators being appointed to Cheshire-based vehicle recovery firm Egertons in March.

The business, which has since been sold back to the Egerton family via a "pre-pack" administration process for £350,000, had been trading successfully since 1962 and had enjoyed a rapid growth spurt in the run-up to the recession -  building a network of 13 recovery bases along the M6 from which it recovered vehicles for organisations like ... 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...