Baker Tilly appointed Administrator to Sealine International Ltd
Graham Bushby and Guy Mander of Baker Tilly Restructuring and Recovery LLP have been appointed Joint Administrators of Sealine International Ltd (Sealine).
The Kidderminster-based company, which employs around 300 people, manufactures boats and yachts for the luxury market.
Graham Bushby, Restructuring and Recovery Partner at Baker Tilly, said ‘Sealine has been an important employer in the area over a number of years. We appreciate that there will be great uncertainty among staff and we will endeavour to update them at the earliest opportunity. We will also be working to maximise recoveries for the company’s creditors, which includes the sale of plant and recovery of monies owed to the business.’
Any parties interested in purchasing the assets of the business should contact Chris Cooke of Baker Tilly on 01908 687800.