195 Golden Wonder jobs saved, others still threatened

195 Golden Wonder jobs saved, others still threatened

Some 195 Corby jobs saved at Golden Wonder, with adminstrators looking for buyers

Administrators from Kroll have sold the Mini Pringles business of stricken
Golden Wonder, a move that has safeguarded 195 jobs at its Corby site.

The jobs have been saved after Mini Pringle was sold to Irish snacks producer
Tayto, however, the transfer of Golden Wonder’s own-label business to Scunthorpe
leaves the fate of another 155 jobs at Corby undecided.

‘The joint administrators are continuing to make arrangements for the
transition of the Corby own-label operations to Scunthorpe. The timing and
implications of the closure of Corby own-label operations are still to be
confirmed,’ said Kroll in a statement.

However, administrators revealed that 60 parties had expressed interest in
the ailing snack producer, and would narrow down the selection to formal offers.

Golden Wonder joint administrators also announced that 23 staff had been made
redundant from its Market Harborough-based head office.

‘We will continue to do all that we can to keep all parties briefed on
developments throughout the administration process,’ said Adrian Wolstenhome,
joint administrator.

Related Articles

Carillion CFO blew whistle over 'sloppy accounting' months before collapse

Business Recovery Carillion CFO blew whistle over 'sloppy accounting' months before collapse

5m Alia Shoaib, Reporter
Toys R Us UK and Maplin enter into administration after failing to secure buyers

Business Recovery Toys R Us UK and Maplin enter into administration after failing to secure buyers

5m Alia Shoaib, Reporter
How to avoid a Carillion collapse

Business Recovery How to avoid a Carillion collapse

6m Russell-Cooke
Carillion collapse: The week so far and industry reaction

Business Recovery Carillion collapse: The week so far and industry reaction

6m Emma Smith, Managing Editor
Kingston Smith & Partners appointed trustees in bankruptcy of ex-Newcastle United footballer

Business Recovery Kingston Smith & Partners appointed trustees in bankruptcy of ex-Newcastle United footballer

6m Emma Smith, Managing Editor
Carillion: PwC appointed as special managers – what happens now?

Business Recovery Carillion: PwC appointed as special managers – what happens now?

6m Emma Smith, Managing Editor
Investment firm acquires Avon Steel Company Limited

Business Recovery Investment firm acquires Avon Steel Company Limited

7m Emma Smith, Managing Editor
Manchester law firm enters into administration

Business Recovery Manchester law firm enters into administration

7m Emma Smith, Managing Editor