A Somerset robotics manufacturer has been bought in a ‘pre-pack’ administration deal, saving 82 jobs.
Colin Mear Engineering (CME), which is based near Chard, makes process and packaging machinery for clients in the food and drink, pharmaceutical, cannabis and tobacco industries.
Quantuma's managing director, Tim Sloggett and director, Richard Easterby, said they were appointed as joint administrators last Friday (June 30), with a sale of the business and its assets to an unnamed private equity investor completed shortly afterwards.
