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Pickfords' parent considers sale

  • 18 February 2008
  • By Roanna Avison

Removal firm Pickfords has insisted it is business as usual following reports that it is expected to hold a fire sale to stay afloat. The Times newspaper suggested jobs might be at risk as part of the financial issues the company's parent Sirva is facing.

A spokesman for the company says the company is continuing to serve customers "without interruption" and agreements with staff and business partners remain "intact". "Our parent company Sirva is evaluating options for its UK moving business, including a sale. As the company considers its options, it is placing high priority on ensuring the company's customers will continue to be services and employee jobs are preserved."

Pickfords' parent company Sirva filed for Chapter 11 bankruptcy protection at the beginning of February to help it restructure its debts while continuing to trade. The move does not affect its overseas operations.

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