Administrators from KPMG, who were appointed joint administrators to Herbert Baggaley Construction Limited and Baggaley Group Limited on Friday 1st February, have today confirmed that unfortunately 83 staff have been made redundant.
The group originally employed 104 people from a freehold office in Mansfield, Nottinghamshire. The remaining 21 staff are assisting the administrators.
Chris Pole, joint administrator and restructuring director at KPMG, commented:
“Unfortunately, following a review of the position and the difficulties with continuing to trade, we have had to take the decision to make 83 staff redundant. The remaining employees are supporting us whilst we conduct a review of existing contracts and explore a possible sale of the remaining business. The company is involved in a wide-range of public and private sector construction contracts, including substantial work under local authority framework agreements.”
The joint administrators will provide further updates as the case progresses.
Media enquiries to:
Sorrelle Cooper, Senior PR manager, KPMG
020 7694 8527
Emma Murray, PR manager, KPMG
020 7694 6506
KPMG press office
020 7694 8773
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