Restructures and Receiverships – Page 12
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NewsFarmers urge review of Tomlinsons collapse and milk profitability crisis
The NFU said Tomlinsons’ fall into administration brought the issues facing the liquid milk market into ‘sharp focus’
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NewsSmoothie maker Savsé calls in the administrators
Declining sales, financial pressures from Brexit and the loss of a major listing in Boots sent it spiralling into crisis
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NewsUp to 270 jobs at risk as Tulip starts consultation at Bodmin meat plant
The site is understood to have lost about £20m during the past two years
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NewsMüller steps in to process Tomlinsons milk for Sainsbury’s
However, the retailer had questions to answer over its decision to award Tomlinsons a contract, said industry analyst Ian Potter
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NewsSainsbury’s milk supplier Tomlinsons Dairies collapses into administration
The north Wales-based processor had lost more than £7m during the past year and a half, said administrators
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NewsFuture of Sainsbury’s milk supplier Tomlinsons hangs in balance
Tomlinsons Dairies has notified its farmers it is not accepting milk supplies
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NewsBargain World ceases trading after five months
The company’s two existing stores closed this week
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NewsProduct recall leads to administration for Thomas Tucker
Popcorn supplier Thomas Tucker has called in administrators after a food safety recall caused a cash shortfall in the business.
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NewsAB InBev’s Beer Hawk launches Fresh chilled distribution service
It will deliver cold-chain beer in kegs, cans and bottles
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NewsHi-Line Wines blames collapse on increased supermarket competition
A winding up petition was presented in August by Kingsway Asset Finance, which claims to be a creditor of the company
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NewsHome Counties newsagent Henderson’s falls into administration
Joint-administrator Michael Pallott said the creditor position was still under investigation
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NewsTangerine to manufacture key Big Bear brands at upgraded York factory
The investment will see production of Big Bear’s key Fox’s and Poppets brands move to Tangerine’s York site.
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NewsNumber of food & drinks suppliers in ‘distress’ grows amid economic slowdown
The number of food & drinks manufacturers in financial distress has increased by a further 3%, as Brexit uncertainty and weak consumer spending took its toll
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NewsBlack Sheep Coffee expands London footprint with Taylor St Baristas cafes acquisition
Independent coffee chain Black Sheep Coffee has acquired eight cafes from rival Taylor St Baristas ahead of the latter’s collapse into administration
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NewsWaitrose to close seven stores with 677 jobs affected
It’s the third round of store closures announced by the retailer since June last year
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NewsMeat supplier Cheshire Food rescued out of administration
The Manchester-based meat wholesaler collapsed following a tough trading period which “rendered the company insolvent”
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NewsCrowdfunders burnt as Hop Stuff rescued from administration by Molson Coors
London-based craft brewer Hop Stuff has been sold to Carling owner Molson Coors in a pre-pack deal, wiping out £1.5m of crowdfunding investment.
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NewsWarburtons plans to shut down Newburn bakery amid challenging market
Warburtons entered redundancy consultations with staff members at its Newburn bakery, Newcastle, amid plans to shut down the facility.
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NewsCauseway Capital to shut a further 14 Patisserie Valerie stores
The new private equity owner of Patisserie Valerie is to shut a further 14 stores at the cost of 100 jobs.
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NewsEnergy bar producer Wholebake rescues Bounce Foods from administration
Gluten-free snack manufacturer Wholebake has acquired Bounce Foods for an undisclosed sum, rescuing the Surrey-based brand from administration.