The well known household name Amdega goes into administration.\u00a0 It really is bad news when you hear of companies that have been established from the start of creation – or so it seems – entering into administration.\u00a0 Established in 1874, based in Darlington and with around 197 staff.\u00a0 Here is an extract of the article from The Guardian:<\/p>\n
“Amdega was taken over in August by the PEC Endless<\/a> which voiced optimism about increasing turnover to over \u00a320 million from 15 countries serviced by sub contractors. But a spokesman for the firm says that administration is the only option after business flopped and a last-minute potential buyer dropped out.”<\/p><\/blockquote>\n
Here is a link to the whole article:<\/p>\n