PwC keeps Brandons' turkeys clucking
Administrative receivers from PricewaterhouseCoopers have negotiated the sale of Brandons plc, the UK's second largest turkey supplier, to Cranberry Foods 'Limited.
Administrative receivers from PricewaterhouseCoopers have negotiated the sale of Brandons plc, the UK's second largest turkey supplier, to Cranberry Foods 'Limited.
Link: PwC gets to clean up fowl mess
Rob Hunt, Stephen Oldfield, Derek Howell and Roger Marsh, of PwC, were appointed joint administrative receivers of Brandons plc on 7 April 2003 and have continued to trade the business from that date with a view to securing a sale.
Commenting on the sale, Rob Hunt of PricewaterhouseCoopers, said: ‘I am delighted that a sale of the business has been secured and am particularly pleased that we have been able to preserve the jobs of over 1,000 employees.’
‘I remain grateful for the support of the supplier base, without whom the business would have had to have closed some time ago.’
Brandons is is based in Scropton, Derbyshire, with an operation in Abergavenny, South Wales, and employs in excess of 1,000 people.
In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...
View resourceIn recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...
View resourceIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceThe first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...
View resourceInsolvency statistics in the UK for the second quarter of 2023 were the highest since 2009 with 83% of them relating to small businesses Read More...
View articleThere were 6,342 recorded company insolvencies in Q2, reflecting a 9% increase compared to the number of insolvencies in Q1, and a 13% increase compar...
View articleThe survey paints a “brightening” picture of the global economy, according to the ACCA Read More...
View articleThe pandemic may have “distorted” some economic data Read More...
View articleAdvisory firms must offer a “more supportive” and holistic approach to clients amid the economic downturn Read More...
View articleHaving a clear plan and clean data to help optimise the use of scarce resources will be key for businesses Read More...
View articleThe Coronavirus Job Retention Scheme has supported millions of jobs amid the pandemic, but with the support measure set to end in September, how can a...
View articleShift from BBL debt to equity could pose wider business implications Read More...
View article