Jobs saved after major Plymouth company falls into administration


Source: plymouthherald.co.uk plymouthherald.co.uk

Key Topics in this News Article:

News Snapshot:

Our community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info One of Plymouth’s leading companies has fallen into administration. The national online building supplies retailer CMO Group Ltd filed a notice of intention to appoint an administrator at court but Lords Builders Merchants, one of the UK’s largest specialist distributors of building materials, has swooped in to acquire its lucrative trade and assets following a pre-pack process. This will save jobs in Plymouth but have an impact on creditors. All trading activity continues under the...