BusinessBusiness RecoveryKPMG called in at ProCook

KPMG called in at ProCook

Troubled cookware retailer turns to KPMG in efforts to keep the troubled business going

Partners from KPMG have been called in as administrators at ProCook.

The troubled cookware company has 39 outlets across the country and the
futures of 261 staff now hang in the balance.

Joint administrator Joff Pope said: ‘Unfortunately the rapid expansion of the
company into the high street has coincided with a time of tough trading for the
retail sector, which means the business has hit problems. Trading will continue
as normal whilst we seek a buyer for the business as a going concern.’

Further reading:

KPMG
hires Lawson as restructuring chief

Related Articles

Investment firm acquires Avon Steel Company Limited

Business Recovery Investment firm acquires Avon Steel Company Limited

1w Emma Smith, Managing Editor
Manchester law firm enters into administration

Business Recovery Manchester law firm enters into administration

1w Emma Smith, Managing Editor
KPMG appoints new global head of insolvency

Business Recovery KPMG appoints new global head of insolvency

4w Emma Smith, Managing Editor
EY hired by Carillion to review finances

Accounting Firms EY hired by Carillion to review finances

5m Alia Shoaib, Reporter
Using insolvency as a debt recovery tool

Business Recovery Using insolvency as a debt recovery tool

6m Emma Smith, Managing Editor
UK government should support mid-sized businesses to create a ‘new economy’ post-Brexit, says BDO report

Business Recovery UK government should support mid-sized businesses to create a ‘new economy’ post-Brexit, says BDO report

8m Alia Shoaib, Reporter
Over 800 jobs saved as Endless LLP acquires Jones Bootmaker

Business Recovery Over 800 jobs saved as Endless LLP acquires Jones Bootmaker

9m Emma Smith, Managing Editor
FRP Advisory expands operation with new office, partner appointments

Accounting Firms FRP Advisory expands operation with new office, partner appointments

10m Emma Smith, Managing Editor