A hospitality and training group who fell into financial difficulties has been acquired by North Notts College.
Charnwood Training Group’s future has now been secured and it will continue to trade under its own name, as a separate company under the North Notts College group.
Charnwood Training Group Managing Partner Jeremy Scorer said: “The past 12 to 18 months have been extremely tough for us.”
“North Notts College have stepped in and effectively saved the day.”
“They have thrown us a lifeline and enabled us to get back to work in an industry whose future is dependent upon the specialised and high quality training support that we provide.”
The principle of North Notts College said the new investment of Charnwood will add £4 million to the groups turnover.