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- Levantina (UK) - Administration
Levantina (UK) - Administration
Levantina (UK), the UK distribution arm of global stone company Levantina Group, entered administration on 3 September, blaming decreased demand in the housing and reno market as a key driver behind its insolvency.
Nick Holloway and Stephen Absolom of Interpath Advisory were appointed joint administrators and said that they are working with the business to continue trading and keep operations running at the sites in Basingstoke and Rotherham. The company’s 12 staff have been retained to assist with the process. The wider Levantina Group is unaffected by the administration.