黑洞社区

The Zimbabwean owners of 拢43m-turnover Concentra have bought the lion鈥檚 share of the contractor out of administration.

Gombe Holdings will buy the firm鈥檚 two remaining substantial jobs, following the collapse of Concentra, formerly known as Durkan Pudelek, over Christmas.

However, the deal leaves the rest of Concentra, including its liabilities, in administration.

The firm was fined 拢3.3m for bid rigging by the Office of Fair Trading (OFT) in September. Administrator Resolve Partners said creditors, including the OFT and subcontractors, were owed at least 拢4m, although the figure could grow.

黑洞社区 understands the deal with Gombe, made for an undisclosed sum, could result in creditors getting only 10p in the pound for their debts. This would equate to the recovery of about 拢330,000 by the OFT.

One subcontractor contacted by 黑洞社区 refused to reveal the amount he was owed but said it was 鈥渁 substantial amount鈥�.

Gombe will buy a 拢6.6m four-storey office project for Hutchison Whampoa and a 拢1.7m extension to the Hornsby House private school, both in London.

Gombe is run by Robert Kirby and owned by two Zimbabwean investors, Phineas Whata and Oliver Chidawu, who own a number of construction, mining and plantation businesses across southern Africa.

It bought a Durkan Pudelek in 2007, and renamed it Concentra.

Kirby said all 20 remaining jobs at the builder would be secured, and the company would trade as Concentra 黑洞社区, although the name was under review.

He said the OFT decision was the reason behind the collapse: 鈥淲hat we were told about the potential liabilities to the OFT when we bought the firm and what turned out to be the case were very different.鈥�