All Restructures and receiverships articles – Page 5
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NewsOscar Mayer is taken over by lender following financial restructure
UK ready meals supplier Oscar Mayer has been taken over by its institutional lender following a financial restructuring, documents show
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NewsBelazu adds miso to line up with Miso Tasty acquisition
Miso Tasty founder Bonnie Chung remains part of the business and is working with Belazu on the integration and transition, while all staff have also transferred across to the new owner.
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NewsMeatless Farm hires Kroll to save its plant-based skin
The Leeds-headquartered business has hired advisors at the restructuring and insolvency specialist to run an early options process in a bid to save the brand
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NewsFramptons seeks £5m cash injection after supply chain shocks
Recovery specialists at Resolve have been drafted in to explore options at the business, including finding a potential buyer.
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NewsPlanet Organic founder Renée Elliott commits to a food-based future
In an interview with The Grocer, Elliott discussed the new management team’s vision for the business, rebuilding supplier trust and how she pulled off the deal
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NewsMamamade closes doors as cost of living crisis affects trading
DTC plant-based baby food brand Mamamade has ceased trading after losing a battle with soaring costs and lower demand.
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NewsRevived Farmison starts phased reopening of meat business
The upmarket online butcher was rescued from administration by ex-Asda boss Andy Clarke last month
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NewsMorrisons’ plastic recycling plant falls into administration
The Grocer understands the administrator has spoken to several interested parties, with a formal deadline for bids tomorrow (5 May)
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NewsCoffee logs supplier Bio-Bean collapses following on-site fire
The supplier, which makes fuel from recycled coffee grounds, appointed KRE Corporate Recovery as administrator this month
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NewsFarmison eyes push into supermarkets under Andy Clarke
Farmison is set to make a renewed push into mainstream supermarkets, after being rescued from administration by former Asda boss Andy Clarke this week.
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NewsPlanet Organic founder saves 10 stores with pre-pack deal
Sale follows weeks of intense talks with potential investors after Waitrose ended negotiations to take over the business
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NewsWaas Bakery calls in administrators following cost pressures
Interpath Advisory were appointed as administrator of Walls Bakery Ltd and Saltness Ltd, which traded as Waas Bakery, on 19 April
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NewsFarmison rescued from administration by ex-Asda boss Andy Clarke
Collapsed online meat retailer Farmison has been bought out of administration by a consortium led by former Asda boss Andy Clarke.
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NewsFood and drink insolvencies soar as inflation takes toll
Insolvencies in food and drink manufacturing have soared in the past year as surging cost inflation and falling consumer spending squeezed firms
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Comment & OpinionFarmison’s demise points to a chill wind for DTC challengers
The demise of the DTC butchery player is yet another illustration of headwinds facing disruptor food and drink players
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NewsFarmison collapses as rescue deal proves out of reach
Most of the 75 employees at the Yorkshire-headquartered company were made redundant on appointment of administrators as the business ceased trading
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NewsPlanet Organic seeking £3m to fund new rescue plan
Planet Organic has until next week to secure a deal, with the rescue plan outlining a new slimmed-down business
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NewsOrchard House creditors left £56m out of pocket, report shows
Private equity-backed juice and fruit business owed trade suppliers £21.1m and another £7m to its employees
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NewsFraud-linked meat supplier Loscoe Chilled Foods placed into administration
The supplier was linked a fortnight ago to a National Food Crime Unit probe into the passing off of imported beef as British
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Analysis & FeaturesUnpicking the failures that led to a £234m loss at Waitrose and John Lewis
After posting huge losses, Sharon White has rung the changes, promising more cuts. Even its hallowed mutual status is under review