News blog

Archial Group

  • BY: Andrew Hore |
  • POSTED: 01/10/2010 |

Canadian architect Ingenium has picked up the majority of Archial’s UK assets following the appointment of PwC as administrator to the company.

Privately-owned Ingenium acquired the businesses one week after Archial went into administration. The businesses will form a UK base for Ingenium’s international operations.

Archial shareholders will not be getting any money. There is not enough cash to cover the group’s creditors.

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