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Boden & Davies buys WTL International

Wood flour manufacturer WTL International (WTL) has been bought out of administration by wood recyclers Boden & Davies, in a deal funded by the Royal Bank of Scotland.Macclesfield-based WTL went into administration in May after a period of difficult trading. But the purchase of the company by Boden & Davies for an undisclosed amount will mean that while WTLs shareholders and senior management team will leave, 45 other staff will remain at the firm. Boden & Davies ...