Despite having to make 48 redundancies, the adminstrators of The Hunter
Rubber Company, maker of the famous green wellies, have received interest from
30 potential buyers.
Richard Fleming, a joint administrator from KPMG Corporate Recovery, said
Hunter continued to trade and that he maintained high hopes of a sale.
‘Regrettably, we have been compelled to make redundancies, largely in
production roles. This follows an assessment of the business and its expected
levels of production in the medium term,’ he added
Bidders have been given a deadline of April 21 for their final offers.
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies
Smith & Williamson has been appointed administrators of charity 4Children