Fears as Telford firm looks to appoint administrators
Fears have been raised at a Telford-based packaging business after a notice of intention was filed to appoint administrators.
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Sirane Group is currently being advised by Squire Patton Boggs' lead partner Russell Hill and Interpath as it looks to bring in new investment to secure the company.
A spokesperson for Sirane Group said: “Over recent weeks, we have been working with our advisors and stakeholders to bring additional investment into the business which will put in place a stable financial platform upon which the business can move forward.