Summary
APLASTICS company has been bought out of administration by some of its management with support from private equity backers, saving the jobs of 64 North East workers.
Gateshead-based HFW Plastics went into administration in early August after losing a major contract which exacerbated a deteriorating financial position.See the full content of this document
Extract
64 Jobs Are Saved As Company Bought Out
Administrators from KPMG's offices in Newcastle and Leeds were appointed to save the business and have now s...
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