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The National (Scotland)
The National (Scotland)
National
Alasdair Ferguson

FOUND: 200 year old scottish forestry firm fell into administration owing over ps8m | Mind Blowing Facts

Scotland FRP Advisory
A cornerstone of Scotland’s forestry sector for decades at its peak the firm managed 130 million young trees (Image: Getty Images/iStockphoto)

A 200-YEAR-OLD forestry business, which at its peak managed 130 million young trees across Scotland, fell into administration after it owed more than £8m, it has emerged.

Moray-based Christies of Fochabers fell into administration last year due to “increased cashflow pressures,” placing 32 jobs at risk of being lost.

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