En­ergy ser­vice firm buys bust sup­plier

Evening Express (City Final) - - Uk & Abroad -

A NORTH-EAST en­ergy ser­vice firm made a “sub­stan­tial bid” to buy up an in­dus­trial equip­ment sup­plier which had gone into ad­min­is­tra­tion.

JBS Group in Peter­head bought the as­sets, stock and IT from the de­funct Aberdeen com­pany Screw Con­veyor. JBS also said it had taken on four of the firm’s for­mer em­ploy­ees, tak­ing its head count to around 60.

The High Court in Lon­don put Screw Con­veyor into ad­min­is­tra­tion at the end of Septem­ber. JBS chair­man Stanley Green said: “Buy­ing Screw Con­veyor was the nat­u­ral thing to do and we are pleased with it so far.

“We are still pre­serv­ing jobs for peo­ple and will add more in Peter­head.”

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