Techelec in Crowhurst Road, Holingbury, Brighton
FORTY jobs have been lost after an electrical company went into administration.
It has now been confirmed the company, which was formed in 1968 and had assets of £7.1 million, has entered administration.
BM Advisory has been appointed administrator for Techelec, which had about 40 permanent staff.
The administrators and chargeholders will now attempt to recover and realise assets principally comprising debtors and property.
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