Unique Distribution for sale

Mobile News reports that Unique Distribution is for sale. Offers for the business must be made to the managing receiver by close of business on 2nd May, with Unique Distribution commercial director David Hinc preparing to lead a management buyout. Yesterday in Southwark Crown Court, a judge ruled that managing receiver Chantrey Vellacott, appointed by HM Revenue and Customs after it launched a VAT fraud investigation against Unique Distribution parent company IGB, had the right to sell the business. The buyer would not assume any liabilities of Unique Distribution or its parent company.