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Liquidation looms for Ackers Jarrett

26th September 1991
Page 16
Page 16, 26th September 1991 — Liquidation looms for Ackers Jarrett
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Which of the following most accurately describes the problem?

• Liquidation is on the cards for contract hire and rental company Ackers Jarrett following the failure of receiver Arthur Anderson to find a buyer for the 2,600-vehicle business.

A spokesman for Arthur Anderson says there are a couple of possible ways to avoid a wind-down but the chance of a reprieve is slim.

Ackers failed just six months after it bought the 850-strong fleet of Truckrent.

Letters are now being sent to Ackers Jarrett's creditors.

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People: Arthur Anderson

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