Contractor and developer Pochin is concluding plans to sell its loss-making concrete pumping business, it has been reported.
The company first revealed that it was having problems with the division in its half-year results for the six months to December. Its statement to the Stock Exchange read: “The decision to dispose of the loss making concrete pumping business was announced with the results for the year ending 31 May 2011.”
It added…
http://www.bizsale.co.uk/blog/on-the-market/3399/pochin-plans-concrete-pumping-division-sale
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