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Airsprung Enters Administration, Cutting 71 Jobs at 150-Year-Old Wiltshire Factory

PwC has begun marketing the business to potential buyers.

Overview

  • The Trowbridge mattress maker has gone into administration and 71 of roughly 202 roles have been made redundant.
  • Administrators from PwC said years of weak trading and months of cashflow strain drove the decision.
  • Remaining employees are being kept on as administrators test buyer interest and assess options for the business.
  • The Canal Road site is a large plant that can produce more than 2,000 mattresses a day, which could affect local suppliers and major retail customers.
  • CEO Tean Dallaway and joint administrator Edward Williams called the collapse very sad and said affected staff will receive support through the process.