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Composter Bioganix split in half as assets sold

Two composting sites belonging to failed composter Bioganix have been snapped up by rivals in an assets sell off. New Earth Solutions has bought the in-vessel composting plant in Gloucestershire, while Countrystyle has taken over the IVC facility in Suffolk.Bioganix was forced to sell the sites in a pre-pack arrangement with administrators to avoid insolvency. In a statement it said: The company will not itself be placed in administration but is likely to ...