Restructures and Receiverships – Page 16
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NewsBabease saved by pre-pack rescue deal from owner Amitis
The babyfood maker appointed insolvency specialist FRP Advisory as administrator on Thursday (21 November)
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NewsLondon cake maker Butterscotch Bakery rescued out of administration
The company was acquired by an undislosed party after calling in administrators on 8 November
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NewsBabyfood brand Babease set for rescue as part of pre-pack administration deal
The brand secured a £5.1m investment just four months ago
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NewsSavsé rescued from administration by Life Health Foods
Savsé called in administrators earlier this month after declining sales and financial pressures from Brexit
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NewsPorky Whites rescued out of administration by founding family
Surrey-based brand owner G White & Co was placed into administration on 5 November
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NewsBoozy ice lolly brand Pops goes bust but potential sale nears
The brand had big-name tie-ups with Pimm’s and Gordon’s but was dogged by cashflow issues
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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