More than 100 jobs are to be axed at an automotive parts administrators head office in Lancashire, administrators have confirmed.
Paul Flint, a restructuring partner at KPMG, confirmed there will be 117 redundancies at the Quinton Hazell Automotive’s site on Glasson Dock, Lancaster.
Its parent company, Klarius Group, called in administrators after a plunge in sales.
Mr Flint said there would also be 79 job losses at the group’s base in Colwyn Bay in North Wales with both sites ceasing to operate.
He said: “Despite extensively marketing the Glasson Dock and Colwyn Bay sites to potential buyers, we were unable to find a buyer and have taken the difficult decision to wind them down.
“Prolonged challenging trading conditions in the automotive parts sector impacted QH’s performance. This created cashflow pressures and affected QH’s ability to trade as a going concern.”
He added “a small number” of workers would be retained to wind down activities at both sites.