Resurrected Archial shuts two offices
Archial’s Cambridge, Ipswich and Bedford offices will merge and relocate to larger premises in Cambridge
Following its bailout by Canadian company Ingenium Group last month, Archial has revealed plans to amalgamate its operations in the east of England.
The news is Archial’s first public announcement since its purchase by new owners, and comes as the company continues a consultation process with its staff.
A spokesperson for the company said: ‘All Cambridge personnel will be relocating to the new office. Archial is still going through a consultation process with staff, which it is due to complete in the coming weeks, however any new potential redundancies are not envisaged.’
Approximately 300 of the group’s UK staff transferred to the new company following the deal. The company went into administration last month after failing to thrash out a deal over the scheduling of payment of its tax debt.
Darren Heffer, director of Archial’s Cambridge office said: ‘We are delighted to become part of the expanding and dynamic Ingenium Group and look to the future with huge optimism.
‘The forthcoming relocation of our premises to an East of England regional office here in Cambridge will reinforce the excellent service we already provide for our many loyal clients and provide a tangible demonstration of the intent and commitment of the Ingenium Group in driving our business forward.’
Toronto-based Ingenium Group bought parts of the company in a ‘lightening sale.’
Archial’s Burleigh Street office in Cambridge closed yesterday and has moved temporarily to Compass House, also in Cambridge, where it will operate until a new permanent base becomes available.