The European folding carton and packaging supplier said it could not incur further costs that would be involved in winding up the company over and above the capital already made available.
However, chief executive Per Lundeen was confident that the administrator would be able to find a viable structure for the business.
A&R acquired the loss-making plant from FCP in January 2000, but Lundeen had expected to turn the situation around.
The firm announced in April that it was withdrawing from general carton manufacturing with the loss of 50 of its 200 jobs (PrintWeek, 11 April). A further 50 jobs have since gone.
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