An administrator has been appointed to Dipford Group.
MCR, which used to be known as Menzies Corporate Restructuring, was appointed by the business broker’s secured lenders. Dipford will continue to trade but on a limited basis. MCR is seeking a purchaser.
Dipford’s subsidiary Bruce & Co isn’t affected by the administration and the Edinburgh-based business agent continues to trade profitably.
Dipford shares were suspended on 6 June.
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