A Black Country furniture manufacturer has saved 160 jobs after undergoing a pre-pack administration deal. Administrators from Opus Restructuring & Insolvency were appointed last month to Kingswinford-based Furmanac after the company had struggled as a result of the pandemic.
A deal has now been agreed to save the business.
Furmanac has been making beds in the UK for more than 50 years but administrators said it had "suffered substantially" during the last couple of years, with the closing and reopening of its own manufacturing site and the closure of its customers during covid lockdowns.
