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Charles Gee to be wound up

Long-established freight and shipping company forwarder the Charles Gee Group is to be wound up after administrators failed to find a buyer for the forwarding part of the business. The company, which employed 250 staff went into receivership on 21 October, citing “acute cash flow pressures” and appointed FRP Advisory as joint administrators. A buyer was quickly found for the Group's road transport subsidiary C&H (Hauliers) which was sold to C ... [+]