Suffolk firm Magnus starts process to appoint administrator
- Published
The logistics firm is based at Great Blakenham near Ipswich
A haulage firm that sponsored a stand at Ipswich Town's stadium has started the process to appoint an administrator.
Magnus Group, based in Great Blakenham, specialises in haulage, warehousing and freight forwarding.
The business had Portman Road's West Stand renamed after it, but that sponsorship has now been cancelled.
Court documents show that the company filed a notice of intention to appoint an administrator on Friday.
The BBC has contacted the business for information about the notice and what it means for the firm, which was founded in 1973.
A statement on Ipswich Town's website, external said the 2021 deal with the Magnus Group had ended "through mutual agreement" and it would be seeking a new sponsor.
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