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Jobs save and specialist knowledge preserved after sale of A2B Plastics in Mochdre


MORE than 20 jobs have been saved following the sale of a plastic injection moulding business in Mochdre.
Nationwide insolvency practitioner SFP has successfully completed the sale of A2B Plastics Limited after the company was placed into administration.
Most of 24 employees’ positions will be safeguarded as a result and specialist manufacturing knowledge will be retained.
David Kemp and Richard Hunt, of SFP, were appointed as Joint Administrators on 20 November 2020.
SFP subsequently achieved a sale of the business and assets to Cygnet Plastics Ltd, which has managed not only to retain key management, and their specialist knowledge, but also a large majority of the workforce. ....

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