THIRTY eight jobs have been secured after a Coventry automotive company is sold in a pre-pack deal.
Staff at CK Quality, a family-run quality and operational support provider working within the automotive and non-automotive industries for 15 years, have been retained after news that the firm has been bought by its directors.
Advisory firm FRP has been working with the city business to explore its funding options and has successfully completed a pre-pack deal.
John Lowe, partner at FRP, said: “CK Quality is an important business in the region’s automotive supply chain and the leadership team – who know the business so well – are best placed to take it forward. We wish the purchaser and its management team all the best as they continue to provide critical quality and operational support to their customers.”
