A Scottish garden furniture and pet store has been sold out of administration.
The company had revenues of £12 million and historically operated profitably before a dramatic turn of misfortune pushed it into administration.
Administrators BDO said that the Livingston-based M8 Group Limited, parent company for ecommerce retailers Greenfingers and PetPlanet, selling garden furniture and pet products, was hit by cyber attack last year.
It had also seen a decrease in sales following an earlier boost from the coronavirus pandemic.
James Stephen, joint administrator, said: “Under the insurance policy, specialists were engaged to try to rebuild and secure the data but this was only partially successful.
“The directors declined to pay the large…