450 jobs at risk as luxury yacht maker enters administration

Posted on 3 Dec 2015 by Callum Bentley

Luxury yacht maker, Fairline Boats has gone into administration, putting about 450 jobs at risk.

The news comes after it was acquired by private equity firm Wessex Bristol only two months ago, when 185 people were told they would no longer have jobs. Geoff Rowley and Alastair Massey of the restructuring firm FRP Advisory were appointed joint administrators to Fairline on Wednesday. They said they anticipated that there would be…

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