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Jobs blow at holiday homes giant

PUBLISHED: 16:47 03 March 2009 | UPDATED: 21:27 07 July 2010

Brandon has been struck another massive jobs blow after one of the town's largest employers was taken into administration.

Omar Homes has axed 160 jobs and has been taken over by a business recovery firm after filing for administration in the high court in London on Monday.

Brandon has been struck another massive jobs blow after one of the town's largest employers was taken into administration.

Omar Homes has axed 160 jobs and has been taken over by a business recovery firm after filing for administration in the high court in London on Monday.

It comes just weeks after Omar announced it was seeking a major investor due to seeing a “contraction” in the market.

The firm is one of the largest employers in Brandon, Suffolk. Last month it was reported there were about 160 working there.

It is understood staff at the firm are being briefed on the situation this morning.

A spokesman for Tenon said there had been a number of serious inquiries from companies interested in taking over Omar and that they were hopeful of a sale which would help to preserve jobs at the company.

Omar has been trading since 1965 and generates an annual turnover of about £45million.

Tenon recovery provides corporate recovery and personal insolvency services.


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