172 made redundant as Telford firm appoints administrators
More than 170 workers have lost their jobs after administrators were appointed at a company hit by 'significant financial difficulties'.
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It's been confirmed that 172 members of staff have been made redundant across three Telford sites at packaging development-to-manufacturing business Sirane Limited.
Chris Pole and Ryan Grant, from Interpath Advisory, were named Joint Administrators of Sirane Limited this week and confirmed 22 employees had been retained to 'assist in the realisation of assets and the undertaking of their statutory duties'.
A statement from the administrators added: "Regrettably, as it was not possible to continue to trade the business in administration, the remaining 172 members of staff have been made redundant."
It was revealed last week that Sirane, a packaging development-to-manufacturing business, was looking to appoint administrators.
