Brighouse manufacturer Avocet Hardware has gone into administration placing 150 jobs at risk. But administrators from Duff & Phelps have said they are in talks about a possible sale. Andrew Stoneman ...
Rising losses and cash flow problems at Avocet Hardware Ltd tipped the business into administration before a £3.7m rescue deal was completed by two Wednesbury-based companies, saving 108 jobs.
The Jain family has invested a further £2.1 million in Avocet Hardware, the Brighouse-based firm which was bought out of administration earlier this year. RTMV Jain bought Avocet’s in February and ...