PricewaterhouseCoopers administrators of a number of Millfield Group subsidiaries have confirmed their sale to Bates Investment Services Limited.
The subsidiaries involved are: Millfield Partnership Limited, HST Financial Services Limited, Millfield Atlas Limited, Addiscombe Group Limited, and Millfield Management Services Limited. No price for the deal has been confirmed. PwC says its administrators, Mike Jervis and Dan Schwarzmann, were appointed to the subsidiaries on 3 July on a joint-administrator basis. They were appointed joint administrators of Millfield Group plc on 7 July. Jervis said: “We are delighted we were able to sell the business and assets of the Millfield group of subsidiaries. The sale has ensured continui...
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