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C M Downton Ltd Has Confirmed The Purchase Of C & H (Hauliers) Ltd,

C M Downton Ltd Has Confirmed The Purchase Of C & H (Hauliers) Ltd,

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C M Downton Ltd Has Confirmed The Purchase Of C & H (Hauliers) Ltd,

The deal rescues 180 jobs and saving the £23million turnover business from liquidation.

C&H’s parent company, The Charles Gee Group, went into administration on Monday 21 October, with Geoff Rowley, Phil Armstrong and Andrew Sheridan, partners of FRP Advisory LLP, the specialist restructuring, advisory and recovery firm, appointed as joint administrators.

Downton confirmed the deal on Friday 25 October following negotiations with FRP Advisory, and will take over all of C&H’s operations, effective immediately.

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