All Restructures and receiverships articles – Page 6
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NewsFarmison ordered to pay co-founder Pallagi £115K over unfair dismissal
The online meat retailer was bought out of administration by ex-Asda boss Andy Clarke in April 2023
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Comment & OpinionWhat we can learn from insolvencies in fresh produce
Businesses are being hit by the weather, supermarket behaviour and consumer trends, says Tom Swiers, director and head of food & drink at Interpath Advisory
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NewsBlockhead set for relaunch thanks to rescue deal by Peppersmith owner
Functional chewing gum brand Blockhead has been revived in a rescue deal by the owners of sugar-free gum maker Peppersmith, The Grocer can reveal
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NewsFuture of Hollybush butter brand secured after sale to Gower View Foods
The sale follows the announcement its owner Evan Rees (Butter) Ltd is to close
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InterviewsMeet the cousins behind the revival of British Corner Shop
‘Slow and steady wins the race’ is the mantra of the BCS’s new owners. So how will they revive the beloved, yet troubled, online grocer?
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NewsArla announces plans to close historic Melton Mowbray stilton creamery
The dairy giant said the site, also known as Tuxford & Tebbutt, had suffered from a decline in specialty cheese sales
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NewsGreenPort Fresh takes over UK Salads business
The joint venture has taken over UK Salads’ packhouse in Roydon in Essex and its surrounding nurseries – facilities it previously rented from UK Salads
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KVI TrackerWelsh dairy company Evan Rees (Butter) on verge of closure
The business behind Hollybush Butter said commodity price inflation meant it was ‘impossible to continue’
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NewsWelsh cheese producer Mona Island Dairy appoints administrators
The business had warned last month that it could no longer trade, citing a lack of investment
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NewsAnglesey cheese plant Mona Dairy on brink of collapse
Directors at the plant said they had failed to source sufficient short-term funding for it to keep functioning in its current form
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NewsBlockhead appoints liquidators weeks after running crowdfunding campaign
Functional chewing gum startup Blockhead has collapsed just weeks after attempting to raise £500k in a crowdfunding campaign
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NewsFood and drink M&A activity hits eight-year high
M&A activity in food and drink has picked up in 2024 as market conditions continued to ease, with deal numbers hitting their highest levels since 2016, according to a new report released this morning
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NewsBepps appoints liquidators as access to funding dries up
Healthy snacking challenger Bepps has ceased trading after an attempt to secure funds to support working capital failed
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NewsUK Salads collapsed owing its creditors £18m, report shows
The Essex-based greenhouse operator was a key supplier to Aldi and fell into administration in February
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Analysis & FeaturesDo Getir’s woes show quick commerce just can’t work?
The Turkish player is reportedly looking to pull the plug in Europe
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NewsThe Artful Baker collapses under weight of cost pressures
The Dorset-based business, which also starred on Channel 4’s Aldi’s Next Big Thing, appointed liquidators from Leonard Curtis on 5 April after experiencing cashflow issues in recent months
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NewsEast Imperial set for administration after suspending shares
The group suspended trading in its shares on the London Stock Exchange this morning and is preparing to appoint administrators or liquidators
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NewsUp to 10 execs depart Pilgrim’s Europe in wake of £4.2bn restructure
The JBS-owned businesses are in the process of an integration under the Pilgrim’s Europe banner
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NewsFreshways swoops to rescue bread wholesaler Coultons from collapse
Freshways has swooped to rescue bread wholesaler Coultons from administration in a deal that solidifies the acquisitive dairy group’s position in the bread market
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Comment & OpinionAfter Unilever ice cream sale, what future for food and nutrition?
First it was frozen. Then spreads and tea. Now it’s ice cream. What’s next for Unilever’s food and nutrition division?