MCR Announces Sale of Superhire Limited

MCR is pleased to announce that the Joint Administrators completed the sale of Superhire Limited on 8 August 2008 to Chase55 Limited, following significant interest from a number of parties. After nine weeks of trading the company in administration, all jobs have been preserved and the company has retained its former headquarters at 55 Chase Road, Acton. Superhire Limited and its non-trading parent company, Space Superhire Limited, were placed into administration on 11 June 2008.

Andrew Stoneman of MCR commented, We are extremely pleased with the sale of Superhire Limited to Chase55 Limited, which is backed by a group of private investors, and particularly with the fact that we have been able to preserve all jobs despite the difficult economic climate that prop hire companies are currently experiencing.