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Mitchell Dryers Limited – Update as of 09.00 Friday 30 September 2016

Mike Kienlen

Head of Restructuring & Insolvency, Partner & Chairman

Mitchell Dryers Limited – In Administration (‘The Company’)

Update as of 09.00 Friday 30 September 2016

It is with regret that the Joint Administrators of Mitchell Dryers Limited announce the redundancies of 27 of the 32 staff employed by the Company.

Joint Administrator Mike Kienlen said "Although talks with parties interested in purchasing the business continue and a number of potential future orders are being discussed with customers, the lack of current work in the factory means that we regrettably need to make these redundancies.

We are retaining five members of the team at this stage to ensure that current orders placed are completed on schedule. We are grateful for the support of those customers who have retained the Company's services in Administration.

We would also take this opportunity to request that anybody interested in acquiring the business please contact Darcie Rae on 01228 690179.”

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