Water specialist Enpure goes under

Grant Prior 13 years ago
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Water and waste process engineering and project management specialist Enpure has gone into administration putting 160 jobs at risk.

Administrators from PwC said they are in discussions with “a number of parties” over a possible sale of the business which has a turnover of £65m.

Enpure is based in Birmingham and offers a complete service from design through to construction.

The company established its reputation under the old Purac name which was changed to Enpure following a management buyout in 2006.

PwC said the company has been placed into administration “following a challenging period of trading in 2012 which has seen Enpure experience significant creditor pressure.”

Current contracts have been put on hold and the administrators have entered into a period of consultation with employees.

Matthew Hammond, joint administrator and PwC partner, said: “Our immediate priority is to review the existing financial position, explore available restructuring options and develop an effective strategy for the business, with a view to realising best value for the benefit of creditors.

“We are in discussion with a number of parties who have expressed interest in certain assets and contracts of the business, but would encourage any further interested parties to contact us as a matter of urgency.”

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