The Office of Fair Trading is making enquiries into the marketing agreement between More O’Ferrall Adshel and National Solus.The deal gives the companies 55% of all four-sheets; it is believed that the deal is the last hope for this sector of the industry.
The Office of Fair Trading also asked for views on the position of Mills & Allen, who failed to meet the deadline of September 7 for the disposal of the sites acquired by its merger with Dolphin. 800 panels remain to be sold, 10% of the original total.
MORE O’FERRALL PROFITS
More O’Ferrall have released pre-tax profits for the interim period to June 30. Profits have increased 122% from £936,000 to £2.08m.
Orders have improved in the UK, and should compensate for shortfalls in Belgium and France.
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