Type
Bankruptcy
Country
United Kingdom
Region
Scotland;
Location of affected unit(s)
Sector
Professional Services
Professional, Scientific And Technical Activities
Other Professional, Scientific And Technical Activities
74.90 - Other professional, scientific and technical activities n.e.c.

135 jobs
Number of planned job losses
Job loss
Announcement Date
1 June 2017
Employment effect (start)
Foreseen end date

Description

Landscaping firm Land Engineering has entered administration which will result in the loss of 135 jobs. The business operates out of various sites across Scotland. Administrators EY were appointed when the company hit financial difficulties, with its construction division being affected particularly severely. The administrators were able to sell off parts of the business to rival landscaping firm Idverde, which has saved 249 jobs. Reports do not specify when the changes will take effect, though it is understood that the redundancy process for the affected employees is well underway. 


Sources

  • 1 June 2017: BBC Website

Citation

Eurofound (2017), Land Engineering, Bankruptcy in United Kingdom, factsheet number 91178, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91178.