KNP Logistics Group Limited - Administration

KNP Logistics Group Limited and certain of its subsidiaries, a Kettering-based logistics and training firm, entered administration on 25 September 2023, after suffering a major ransomware attack in June which affected key systems, processes and financial information. Rajnesh Mittal and Philip Armstrong of FRP Advisory were appointed joint administrators, and said that approximately 730 employees will be made redundant, while approximately 170 employees of Nelson Distribution Limited will be transferred to purchaser Kinaxia. Leumi Abl Limited and Lloyds Bank have registered charges against the company.