'Significant' interest in stricken Rotherham firm Metalysis

Administrators seeking a buyer for powdered metals company Metalysis say they have had “significant” interest.

By David Walsh
Friday, 14 June, 2019, 16:56
Metalysis CEO Dr Dion Vaughan

All 60 staff at the firm, which has two sites in Rotherham have been retained, officials say.

It collapsed into administration after failing to land further funding on top of the £92m it has received from investors.

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A spokesman for administrators Grant Thornton said: “We have made no redundancies and we have received a significant number of enquiries.

“Various discussions are progressing but are confidential and we expect to be updating employees over the coming days”