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Jobs saved as South West Group of Companies sold through pre-pack administrations
The AC Group of Companies which includes a garage business, training services and a landscaping and tree-felling arm were sold following the appointment of Michelle Weir of Lameys as administrator of various companies in the group.
As part of the process, two of the companies in the group were placed into liquidation, however, the successful reorganisation of the group of companies means that the jobs of the majority of the employees have been preserved.
Michelle Weir said “I am delighted that we have been able to save the jobs of over 30 employees of the group. The main part of the business carries out work for highways agencies clearing trees from major road networks and the contracts that the company had acquired over the last couple of years have been able to be retained. Following a review of the entire business, it was necessary for the loss-making parts to be liquidated, however, the remaining parts of the business leaves it in a strong position for the future.”