All Restructures and receiverships articles – Page 2
-
News
Up 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
-
News
Freshways 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
-
Comment & Opinion
After 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?
-
News
UK Salads suppliers still looking for produce buyers, three weeks after collapse
Two suppliers have told The Grocer they have not heard from UK Salads or Aldi since administrators were appointed
-
News
Aldi salad supplier UK Salads appoints administrators
The Aldi salad supplier has appointed administrators, with The Grocer understanding that unsecured creditors will be owed as much as £10m
-
Analysis & Features
When will the price be right to get deal volumes moving?
Newlat’s exit from Princes takeover talks reflects a market in which deals are not getting done. What’s stalling activity, and will it pick up?
-
Comment & Opinion
Body Shop's demise highlights the threats to ethical trading
After The Body Shop was bought by a global rival business, it became more centralised and we heard very little of the strong value messages it was famous for, says Albert Tucker, chair of Etico Ethical Trading Company
-
News
British Corner Shop owes M&S £500k after downfall
The British Corner Shop owes a total of £2.5m to creditors, a new administrator’s report shows
-
News
Wholegood founder Carl Saxton-Pizzie back as CEO in turnaround bid
Wholegood has parted ways with CEO Martin Sandler, with founder Carl Saxton-Pizzie retaking the reins as the specialist wholesaler looks to cut costs
-
News
The Body Shop’s UK arm placed into administration
The private equity owner of The Body Shop has placed the UK chain into administration just three months after buying it
-
Analysis & Features
What does the forecourt sell-off mean for Morrisons?
Morrisons has sold 337 forecourts in a £2.5bn deal designed to alleviate its debt. So how will the move help new boss Rami Baitiéh’s plans?
-
News
Arla seeking buyer for its stilton creamery Tuxford & Tebbut
The dairy co-op has launched a review of the facility, which employs 60 staff
-
News
Heather Mills strikes rescue deal for VBites
Heather Mills has bought the assets of her collapsed plant-based VBites empire from administrators in a rescue deal worth £1m, The Grocer can reveal
-
News
Vibrant Foods back in growth as transformation takes effect
World foods specialist Vibrant Foods is back in growth following a £30m refinancing
-
News
City snapshot: Sainsbury’s to wind down core banking operations
Sainsbury’s has announced it will wind down its core banking operations and instead offer financial services via third party financial groups. Plus updates from Cranswick, Pepco, Bakkavor, Naked Wines and C&C Group
-
News
Major apple supplier begins shutdown following price challenges
The apple producer cited a lack of retailer returns as a significant reason for its financial challenges
-
News
Expat favourite British Corner Shop enters administration
The Bristol-based online retailer has ceased trading with all 20 employees made redundant
-
News
Pilgrim’s Pride brings in ‘boys from Brazil’ for ‘brutal’ £4.2bn restructure
The protein giant has created a new European executive team tasked with driving further integration of Moy Park, Pilgrim’s UK and Pilgrim’s Food Masters
-
News
Supreme acquires sports nutrition supplier FoodIQ UK from administration
Listed consumer goods group Supreme has acquired plant-based supplier FoodIQ UK from administration for £175k to broaden its portfolio
-
News
Christmas deadline set to find buyer for collapsed VBites
Administrators are racing to find a new buyer for Heather Mills’ vegan brand VBites before a Christmas deadline following its collapse into administration