Fri, 05 Sep 2014 | ADMINISTRATION
A cleaning and facilities management company called BDi Group has been sold on by administrators, saving about 270 jobs in the process.
KPMG in Manchester was called in to manage the administration process for the group, which has two bases in Cheshire and Wakefield, on 2 September.
The administrators, Paul Flint and Brian Green, were able to quickly agree a sale to Leigh-based Select Security (Northwest), which will take over where BDi left off in fulfilling its ongoing contracts.
The companies involved in the sale are: BDi Holding Group; BDi Cleaning Services; BDi Contact Services; BDi CCTV; BDi NW and BDi Commercial Services.
The multi-faceted group was involved in many services including joinery, vehicle tracking, specialist and contract cleaning, security installation, guarding services, CCTV and access control to customers nationwide.
Joint administrator Paul Flint commented: “We are delighted to have been able to conclude a sale of the business and its assets immediately following our appointment, preserving almost 300 jobs and ensuring a continuity of service for customers.”
The buyer company Select Security offers its services to the public, retail and construction industries as well as event security and facilities management across the North West from its base in Runcorn.
_________________________________________________________________
Related information:
More information on administrations
How to profit from buying distressed businesses
Opportunity to acquire a high performing business and long leasehold property operating in the dental and medical sector within London. Offers by: 6 December 2024.
Opportunity to acquire the business and assets of a beverage retailer with stores across England. Offers by: 2 December 2024.
Opportunity to acquire a privately owned Company founded over 40 years ago, operating as one of the leading developers of exceptional residential homes in prime areas of London and Southern England. Offers by 5 December 2024.
25
|
Nov
|
Greengauge chooses employee ownership | BUSINESS SALE
Sustainable building and engineering consultancy Greengauge ...
25
|
Nov
|
Vegan food maker Allplants calls in administrators | ADMINISTRATION
Footballer backed vegan food manufacturer Allplants is seeki...
25
|
Nov
|
Premier Events buy Bristol peer to power growth | BUSINESS SALE
Leicester-based Premier Events has bought Bristol peer PYTCH...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
We can help you capitalise on insolvent businesses. We list UK businesses in administration, liquidation and with winding up petitions daily. Ensuring our members never miss out on an opportunity
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.