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Birmingham Post
Birmingham Post
Business
Lauren Phillips

Jobs saved after opticians sold out of administration in pre-pack deal

Jobs have been saved following a merger of two well-known high street opticians in Wales. Julian Davies Opticians has agreed a prep-pack administration deal to rescue Bateman Opticians saving 19 jobs.

Bateman Opticians, which has four practices in Cardiff, Newport and Blackwood, had been placed into administration and facing closure. The rescue package sees the optician's practices remain open with staff continuing in their current roles.

The administration deal was handled by insolvency and restructuring specialist Leonard Curtis.

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