As many as 250 jobs are at risk after two Scottish businesses - Sangs and Calanike Retailing - fell into administration this week.
Sangs operates a delivered wholesale business and manufactures and distributes soft drinks, including the flavoured water brand MacB, which is the current shirt sponsor of Partick Thistle Football Club.
Calanike operates 19 forecourts in Scotland and Northern England under the BP and Esso fascias. Both businesses are continuing to trade as normal.
The businesses were owned by entrepreneur Kenny Webster who founded Calanike in 1998 and acquired Sangs for £10m in July 2007.
Elizabeth Mackay, partner at administrator Zolfo Cooper, said both businesses had been hit by the “extremely challenging trading environment”, but was confident both businesses would attract the attention of interested parties.
Pre-tax profits slumped from £254,856 to £92,663 at Sangs in the year to 31 March 2011, on sales down 12.75% to £9.7m. Calanike reported a 7.9% drop in sales to £46.7m in the year to 30 April 2010, although pre-tax profits grew from £96,976 to £192,284.