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THE administrator appointed to Burnt-island Fabrications (BiFab) has said no redundancies are planned at this stage. BiFab announced earlier this month it was entering administration after Scottish ministers ruled out nationalising the company, saying it would be unlawful under state aid rules to continue financially supporting the yards. Deloitte has been appointed as administrator and will assess the company’s prospects with a view to finding a suitable buyer. It hopes to generate interest in BiFab from one of the industry’s larger players. The business was rescued by the Scotti...

BiFab administrator seeks buyer as it rules out immediate redundancies PA 14 December 2020, 2:39 pm The administrator appointed to Burntisland Fabrications (BiFab) has said no redundancies are planned at this stage. BiFab announced earlier this month it was entering administration after Scottish ministers ruled out nationalising the company, saying it would be unlawful under state aid rules to continue financially supporting the yards. Deloitte has now been appointed as administrator and will assess the company’s prospects with a view to finding a suitable buyer. It hopes to generate intere...

BiFab: Administrators plan to find new buyer for stricken Fife firm © PA Workers at BiFab. Administrators appointed after the collapse of Fife engineering firm BiFab will focus their efforts on finding a new buyer. Gavin Park and Clare Boardman, restructuring partners at Deloitte, were appointed as joint administrators to Burntisland Fabrications Limited today following the firm’s collapse earlier this month. In a statement, they said they would assess the firm’s prospects with a view to finding a suitable new owner. They stressed no redundancies are planned at this stage. Tough trading ...