KPMG lines up suitors for rubber company

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.

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