Secures sale

Manchester-based Swift is the UK’s largest privately-owned group of Dental laboratories and operates from six sites across the UK. Swift currently employs 170 people across the Group, and supplies a full range of crowns, bridges, implants, prosthetics and orthodontics to private and NHS Dental practices.

Acodent, which employed 115 people, had run into financial difficulties and on Wednesday October 1 the company directors announced that the business was closing with the loss of all jobs.

The following day, Robert Adamson and Tim Askam from Mazars’ business restructuring team were appointed as joint administrators to Alpha Zahn Limited, which traded as Acodent.

The administrators entered into a trading licence agreement with Swift, enabling Acodent to continue to trade while its future and viability were assessed.

The assets of Acodent were then purchased by a new company, which will become part of the Swift Dental Group, and will  continue to trade as Acodent. Swift has announced that they are recruiting to fulfil a number of roles in the new company.