Klarius prepares for the worst

6 February 2013  

A NOTICE of intent to appoint administrators has been filed by parts giant Klarius.

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Klarius declined to comment on the matter at this stage.

Last year the group announced a ‘financial restructuring’ plan as it changed banking partners. This culminated in the sale of the Irish division of Quinton Hazell to parts distributor CD Group last month.

Should the group go into administration, around 1000 jobs would be at risk.