NMCN white knight picks up stricken firm’s telecoms business

By Dave Rogers2021-10-07T14:19:00

Listed contractor collapsed into administration earlier this week

The would-be white knight of NMCN has snapped up several parts of collapsed firm NMCN which went into administration earlier this week.

Svella, which agreed a refinancing deal with the stricken contractor earlier this summer, said it has picked up NMCN’s telecoms, plant hire, transport and accommodation businesses divisions.

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