Buyer Is Found for Troubled Technik

Summary


A BRIDGEND plastics company has been bought out of administration.

Thompson Technik went into administration before Christmas with the loss of 80 jobs. However, its new owner, Manchester-based TTB, has taken on 20 of the original workforce after agreeing a deal with administrators - the Cardiff office of accountancy and business advisory firm PKF.

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Extract


Buyer Is Found for Troubled Technik

Keith Morgan, partner for corporate recovery and insolvency at PKF in C...

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