In December, Exertis UK, which operates in Chineham Park, revealed plans to significantly cut its headcount just one month after it was sold to private equity firm Aurelius for £100m. On January 26, the company announced it would make fewer than 400 of its employees involuntarily redundant. Exertis UK has announced that it has signed an agreement with the business supply company evo and will transfer its employees to evo. Exertis in Chineham Park (Image: Google Street View)An Exertis UK spokesperson said: "We have now signed an agreement with evo, the UK and Ireland’s leading multi-channel supplier of business supplies and personal needs products, based in Normanton/West Yorkshire. “As a result, all employees of Exertis Supplies who have not applied for voluntary redundancy will move to evo’s Vow subsidiary when the transaction completes, which we expect to happen within about two weeks.