Transport Consultant JMP has been bought by a turnaround investment company after running into trouble with a pension scheme deficit.
The firm’s assets have been bought by Volvere for about £415,000. Volvere chief executive Jonathan Lander said: “JMP’s existence was under threat from a legacy pension scheme deficit, which was unsustainable for the business going forward. The management and staff now have an excellent opportunity to grow their customer offering again. We...
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