In a trading statement this morning the firm said: “It has become increasingly difficult for this small business to trade profitably following changes to water industry framework arrangements in AMP5.”
C&A made a trading loss of £300,000, and the decision to close the specialist industrial pumps business will cost £300,000 in redundancy costs.
To strengthen Renew’s engineering services arm, Paul Scott, managing director of its Shepley Engineers business, has been promoted to the main group board.
Renew also revealed the scope of its M&E contract on the Evaporator D building project at Sellafield had been substantially increased, raising secured workload at the site to morte than £40m.