BusinessBusiness RecoveryUnwins stores saved in Threshers deal

Unwins stores saved in Threshers deal

Rival strikes deal with administrators at KPMG  to purchase 200 Unwins stores

Threshers has purchased 200 stores from the administrators of collapsed
off-licence group Unwins.

The beer and wine retailer purchased the stores from KPMG joint
administrators Blair Nimmo, Myles Halley and Jane Moriarty for an undisclosed
sum, and will enable some of Unwins staff, made redundant earlier in the week,
to work in the stores.

Halley said that although it was a ‘good outcome for all concerned’ it was
‘too early to say’ how many staff would be reinstated, but predicted around
1,200 jobs were available.

The deal does not include the Unwins freehold head office in Dartford, Kent,
and administrators are seeking buyers for the remaining 150 properties.

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