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Birmingham Post

Business

Jon Robinson

Over 100 jobs saved after division of collapsed roofing contractor sold to former Little Chef investor

Little Chef Begbies Traynor East Midlands Glasgow Leeds Newcastle Stevenage Warrington West Midlands

A former investor in the likes of restaurant chain Little Chef has acquired a division of a collapsed roofing contractor in a move that has saved over 100 jobs.

Rcapital has completed the acquisition of insulation and solar PV service provider Avonside Energy. The deal comes after Greater Manchester-headquartered Avonside Group entered administration last week.

The transaction incorporates the Avonside Renewables business which has also been rescued by Rcapital as part of the deal.

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