Around 140 jobs saved as Linbrooke Services is sold in pre-pack deal

Around 140 jobs have been saved following a pre-pack deal to secure the future of Sheffield engineering business Linbrooke Services Ltd.

The rail and power infrastructure provider was established in 2002 and included three primary divisions – the railway construction business, which has been rescued, and power and optical businesses, which will close as part of of the deal.

The business called in business advisors from Quantuma amid a number of challenges faced by the railway construction sector, including delayed projects, as well as factors effecting the economy as a whole.

Quantuma’s Richard Easterby and Chris Newell were appointed as joint administrators on October 15, and struck a pre-pack deal to secure t