Administrators’ deal saves 150 jobs at manufacturer
West Yorkshire school furniture manufacturer British Thornton ESF has been bought by its management in a deal with administrators that secures 150 jobs.
Andrew Andronikou and Paul Zalkin of corporate recovery and business advisory firm Quantuma were appointed joint administrators of the Keighley-based group on Wednesday.
The Quantuma team, having conducted an accelerated marketing process, brokered and completed a deal to save all 150 jobs in a business sector that has seen a significant decline in the UK.
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