by David Craik
Page 12
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—15 to be laid off
Seventy-five staff at Aberdeenbased hauliers Munro Transport. which went into receivership on 14 December are to be made redundant because no buyer could be found to keep the firm running as a going concern (CM 31 Dec-6 Jan),
The receiver, PricewaterhouseCoopers (1)1VM, says the only part of the 121-vehicle group to find a buyer was Maclennan's Transport. which has been bought by Laurencekirk-based Grampian Distribution Services. The other firm in the group, WO Munro, also based in Aberdeen, was not trading at the date of receivership, Neil Armour of PWC in Aberdeen says Munro Transport will be accepting no new orders and completing those in hand in the immediate future-. He adds that 'no commercially viable offers" were made for Munro Transport (Aberdeen).
A creditors' meeting is likely be held early next month; Munro's vehicles are expected to auctioned "within the next few weeks".
Munro Transport was one of the last haulage casualties of a bloody 1998 for the industry.
The company, which can trace its roots back to 1933, was forced out of business due to "cash flow pressures and increasingly competitive margins".
It bought Maclennan's Transport at the end of the 1980s. Armour says that all the 16-strong staff at Maclennan's will be kept on".