Scottish civil engineering and landscaping firm Land Engineering has gone into administration.
EY was called in to handle the administration on Tuesday, which has resulted in 135 redundancies.
Part of the business was sold to landscape group Idverde, saving 249 jobs. A buyer could not be found for the remainder of the company. Ten employees will remain to assist in the administration process.
Projects Land Engineering worked on include both the hard and soft landscaping packages for the new sports facilities in advance of the 2015 Commonwealth Games in Glasgow, including the Sir Chris Hoy Velodrome (pictured).
“The market has become increasingly competitive for the company and has impacted on its profitability, particularly in relation to the company’s construction business. Various options have been explored by the directors to address these challenges,” said EY joint administrator Andrew Davison.
“Unfortunately none of these options were ultimately successful and the directors therefore took the decision to appoint administrators to help safeguard elements of the business. This has been achieved through the sale we have completed to Idverde.”