Haymills in administration

Haymills has entered administration this afternoon ahead of an expected deal which will see Vinci buy parts of the business.

A spokesman for the company has confirmed that PricewaterhouseCoopers is handling the administration of the firm, and that a deal is likely to be struck later this afternoon. Once again, however, the spokesman would not confirm the nature of that deal or who the buyer is expected to be.

Follow ContractJournal.com for more news on Haymills' fate.