Kettering logistics firm enters administration with 730 jobs lost BBC News
pKetteringbased Knights of Old was founded in 1865ppA logistics and training firm targeted by a significant cyber attack has entered administrationppKetteringbased KNP Logistics Group was the parent company of the 158yearold haulage firm Knights of OldppIt suffered a major ransomware attack in June which affected key systems processes and financial informationppJoint administrators Rajnesh Mittal and Philip Armstrong of FRP Advisory Trading Limited said about 730 employees would be made redundantppThey said Junes cyber attack had damaged KNP Logistic Groups financial position and its ability to secure additional investment and fundingppKNP Logistics Group was formed in 2016 when Knights of Old merged with Derbybased Nelson Distribution Limited including Isle of Wightbased Steve Porter Transport Limited and Merlin Supply Chain Solutions Limited located in Islip and LutonppAll but 170 of the groups employees have been made redundant with the exception of Nelson Distribution Limited which has been sold and a small group of staff retained to assist in the windingdown of its operationsppKnights of Old started out as a single horse and cart in 1865 and is one of the UKs largest privately owned logistics companiesppJoint administrator Mr Mittal said Despite being one of the UKs largest privately owned logistics group KNP fell victim of a ransomware attack earlier this year that caused significant disruptionppAgainst a backdrop of challenging market conditions and without being able to secure urgent investment due to the attack the business was unable to continue We will support all affected staff through this difficult timeppThe administrators said they would contact the groups creditors as soon as possibleppFollow East of England news on Facebook external Instagram external and X external Got a story Email eastofenglandnewsbbccouk external or WhatsApp us on 0800 169 1830ppHaulier fears losing drivers over migrant finesppHome OfficeppMP Rosie Wrighting meets high street eye care experts as concerns raised over decommissioning of NHS community eye servicesppCygnet launches four guides to support Northampton residents this Mental Health Awareness WeekppThe ten areas in West Northamptonshire with the most violent and sexual crimes in March 2025 according to new datappDaventry colleagues support Northampton charityppMS says customer data stolen in cyber attack ppIsrael denying food to Gaza is weapon of war UN Palestinian refugee agency head tells BBCppArrest over suspected arson on property linked to Keir StarmerppWhen will I be able to shop online at MS againppIncredible images from 75 years of F1 racingppI was drugged and raped by my husband for yearsppGaza parents desperate as children face starvation under Israeli blockadeppStars hit the Cannes Film Festival Five things to look out forppThe view on immigration from a town transformed by itppWhy the mighty Himalayas are getting harder and harder to seeppGold is booming but how safe is it for investors reallyppThe Philippines has voted now the game of thrones begins againppI was drugged and raped by my husband for yearsppMS says customer data stolen in cyber attack ppGérard Depardieu found guilty in sexual assault trialppNissan to cut 11000 more jobs and shut seven factoriesppArrest over suspected arson on property linked to Keir StarmerppSycamore Gap pair were quizzed in homophobia caseppBoil tap water alert after bacteria discoveryppIve practised being booed Israels Eurovision entry who survived Hamas attack tells BBCppEastEnders star Peace reveals cancer treatmentppMacron to travel to UK for French state visit in JulyppMental wellbeing support with PudseyppBoost your childs mental healthiness ppPudseys Parent Club with Dr JulieppMental health tips for parentsppCopyright 2025 BBC The BBC is not responsible for the content of external sites Read about our approach to external linkingp
