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Inveresk's St Cuthberts Mill sold to management

09 Nov 2010 − 

Business and assets of St Cuthberts Paper Mill, part of insolvent British paper manufacturer Inveresk plc, was sold as a going concern to former senior management staff, according to the company’s administrators Ernst & Young. The buyers founded St Cuthberts Mill Limited for the purposes of the transaction. Production at the mill located in Wells, Somerset, with its 41 employees continued over the recent weeks in view of strong buyer interest.

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