Groundworks specialist sold in pre-pack administration
A £23m-turnover groundworks specialist has been bought in a pre-pack administration deal. Hampshire-based Mackoy Groundworks and Civil Engineering went into administration on 9 June, with insolvency specialists Quantuma citing labour and material costs as a cause of the firm’s struggles. The contractor has been sold… The post Groundworks specialist sold in pre-pack administration appeared first on Construction News.
AI brief
Pulse reads the full article- What happened
- Why it matters
- What to watch
Sign in to get the AI brief. Pulse explains what happened, why it matters, what to watch and who's exposed. Free for members.
Sign in to read the brief
