SVELLA Acquires NMCN’s Telecom Division After Company Collapse
Private investor SVELLA has acquired the telecoms, plant, transport, and accommodation divisions of NMCN following the company’s collapse into administration. SVELLA had previously led a proposed £24 million recapitalisation of NMCN, but when that plan did not proceed it worked with the appointed administrators, Grant Thornton, to secure the best outcome for the business units … Read more