'Interested parties' look into buying troubled BLEC

BLEC administrator PKF (UK)'s senior manager Helen Robinson has said she has "interested parties" looking into buying the turf machinery business, which went into administration this month. .

But Robinson said that if no buyer is found by the end of the first week in January then BLEC will be "broken up". She said major debtors are the bank and Inland Revenue Customs & Excise, but PFK has yet to establish the size of all debts.

Robinson added: "I hope we will be able to achieve a sale as a going concern, which will mean BLEC can continue.

"BLEC closed mainly because of a lack of orders, which was especially bad at this time of year."


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