Berkshire: Interest From Buyers Of 2e2

The Joint Administrators today confirmed the process for the sale of 2e2, where more than 300 people were made redundant, is progressing well.

The IT company employed 75 staff in Newbury and Reading and announced it was going into administration earlier this week.

Simon Granger, Joint Administrator from FTI Consulting, said:
 
"There have been a significant number of expressions of interest in acquiring the UK and International businesses and we confident that a sale can be concluded in the very near term."
 
The international businesses in Ireland, Spain, the Channel Islands, the Netherlands and the US are not impacted by the UK Administrations and are operating normally.
 
List of UK Companies in Administration:

2e2 Holdings Limited
2e2 Investments Limited
2e2 Group Limited
2e2 Limited
2e2 UK Limited
2e2 Managed Operations Limited 
2e2 Property Limited
Morse Overseas Holdings Limited
Morse Group Limited
Diagonal Quest Limited

Earlier in the week the administrators released the following statement:

“We are committed to protecting the UK business, its committed workforce, and strong customer relationships. Significant interest has been expressed by third parties in acquiring the business and we are currently exploring a number of options."