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Shipman Haulage saved by director

30th June 1994, Page 7
30th June 1994
Page 7
Page 7, 30th June 1994 — Shipman Haulage saved by director
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Which of the following most accurately describes the problem?

• After two months in which no suitable offer was made, 36-vehicle Shipman Haulage was hours from liquidation when a buyer stepped in last Friday, saving the company and its 50 employees. The new owner is Land Fleet Services, a company set up with investment funds by Shipman's finance director Andrew Patterson, now managing director.

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