Packaging supplies buyout saves 12 jobs

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Twelve jobs have been saved at Dinnington-based packaging supplies company Centerpac after Sheffield-based surveyors and valuers Charterfields were called in to identify potential buyers.

Centerpac was forced to stop trading in December after it ran into financial difficulties.

That was followed by it being placed into administration in January.

The firm has now been acquired by the Samuel Grant Group, which has depots in Chapeltown, near Sheffield, Leeds and Jarrow.

Joint administrators Graham Newton and Paul Bates, from BDO appointed Sheffield-based Charterfields to identify potential buyers.

Charterfields’ director Ian Maycock said: “As Centerpac had already stopped trading, we knew we only had a very short time to find a buyer before customers and staff deserted and the business simply fell apart.

“Fortunately we were able to identify a number of interested parties, including one from overseas.

“Discussions were held, a buyer selected and the deal completed less than a week after the search began.

“We are particularly pleased that the jobs of the 12 staff will be secured under the new ownership.”