Type
Bankruptcy
Country
United Kingdom
Region
East of England; Essex;
Location of affected unit(s)
Laindon
Sector
Manufacturing
Manufacture, Printing And Reproduction Of Recorded Media
Printing And Reproduction Of Recorded Media
18.12 - Other printing

123 jobs
Number of planned job losses
Job loss
Announcement Date
27 March 2017
Employment effect (start)
Foreseen end date

Description

Anton Group a commercial printing company based in Laindon, Essex has entered administration with the loss of 123 jobs. The company had recorded losses over recent months and an attempt to expand operations through acquiring the Merchandise 365 business in 2016 resulted in further losses. Administrators Deloitte were appointed on 27 March 2017 and immediately announced 123 redundancies. The company has been placed in an orderly wind-down as it searches for a buyer to take on the operations. At the time the administrators were appointed it is understood that the business employed 300 staff. The future of the majority of the workforce therefore remains uncertain.


Sources

  • 31 March 2017: Insider Media

Citation

Eurofound (2017), Anton Group, Bankruptcy in United Kingdom, factsheet number 90659, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90659.