Egg Group, holding company of financial services specialist marketing agency Egg Design & Marketing, has gone into administration.
A group of the company’s directors have bought out the assets of the group, for an undisclosed sum, and will continue to trade under a newly-launched company, Egg Design Limited.
The business will move out of its Putney office to a more central location and although it says it will retain some of its financial services clients, the intention is to broaden its horizon beyond the sector.
Managing director Mike Ward says: “The group is still in administration so I am unable to say which clients we are keeping hold of. We will no longer be specialising in financial services though.”