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Major machinery auction after collapse of unique UK manufacturer

Assets go under the hammer following insolvency of 58-year-old Derbyshire firm Landwood Group have announced the sale of more than a thousand pieces of engineering equipment, vehicles and stock following the collapse of a specialist manufacturer. Phoenix Naylors Abrasives Ltd, based in Chesterfield, has ceased trading following the appointment of joint administrators from KR8 Advisory Limited. The business, founded in 1968, specialised in the pr…
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Business in the News broke the news on Monday, April 20, 2026.
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