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Hibernia’s administrator has indicated that some of the biggest names in the industry have expressed interest in buying the company.
Hundreds of jobs are at risk across the Midlands and the North at sites including Birmingham, Bridlington and Hartlepool.
It is understood that Hibernia Foods has a number of debts including £17.5m owed to one company alone.
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