Lsuk Takeover Failure Sees Jobs Go After Firm Goes Under

Summary


All 600 workers at car parts supplier LSUK, including a number in Birmingham, were made redundant yesterday when the business was put into administration after a failed takeover.

The Sheffield-based firm, which has 53 branches nationwide, was bought by rival company Euro Car Parts (ECP) last week but was handed over to administrator Tenon Recovery on Sunday.

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Extract


Lsuk Takeover Failure Sees Jobs Go After Firm Goes Under

Joint administrator Tom MacLellan said he was speaking to "several" interested parties about buying all ...

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