Restructures and Receiverships – Page 17
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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.
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NewsCatering butcher Nigel Fredericks ceases trading
Catering butcher Nigel Fredericks has ceased trading nine months after it was taken over by three former directors of Russell Hume.
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NewsMordue Brewery closes its doors after failing to find a buyer
North East-based craft brewer Mordue Brewery has collapsed into administration after failing to secure a buyer for the 24-year-old business.
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NewsMajestic Wine MD insists future bright despite sale rumours
The process of selling its retail business and its wholesale arm, Majestic Commercial, is expected be finalised over coming months
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NewsPenta Foodservice ceases trading after second collapse
The Farnborough-based business supplied a string of high-profile restaurant chains including Wagamama, The Ivy Collection …
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NewsMajority of Jamie Oliver restaurants closed with loss of 1,000 jobs
KPMG confirmed all but three of the eateries had been closed, resulting in approximately 1,000 redundancies
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NewsInvestor fury as crowdfunded craft brewer Redchurch collapses
It’s back in business under new anonymous owners but investors have been left penniless from the ‘shock’ collapse of crowd…
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NewsLiquidators appointed for Choccywoccydoodah
Specialist chocolatier Choccywoccydoodah has appointed business advisory firm Quantuma to wind-up the company.
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NewsOddbins in rescue talks as scale of collapse is revealed
Oddbins blamed its collapse largely on Brexit when news of its turmoil hit headlines earlier this year
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NewsMajestic warns some suppliers could 'lose out' as it restructures
A letter to suppliers this week says relationship could change for those not ’economically and strategically’ aligned with Majestic
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NewsBeer Boutique collapses blaming supermarket craft push
Founder James Hickman blamed supermarket ranges and soaring rent prices
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Analysis & FeaturesAs store closures loom, what's the future of Majestic Wine?
The company wants to ditch physical retail to focus on its online business Naked Wines
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NewsThe Bottle Shop collapses after BrewDog rescue offer falls through
All of the business’ staff have been made redundant as administrators are appointed
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NewsUK Snacks collapses into administration after factory fire
Own label Asian snack manufacturer UK Snacks Ltd has collapsed into administration, nine months after a fire tore through its main manufacturing site
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NewsMajestic Wine to close stores in Naked rebrand
Majestic Wine is to close stores and rebrand as Naked Wines as part of a transformation plan, Greene King hires a new non-executive director and the rest of the new from the City
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NewsEat Square collapses weeks after failed crowdfunding campaign
The pie supplier failed in a Seedrs campaign to secure £50k