BusinessBusiness RecoveryThree bidders vie for Golden Wonder

Three bidders vie for Golden Wonder

Administrators from Kroll announce three serious bidders emerge for Golden Wonder 

Three potential bidders have emerged as potential purchasers of the remaining
golden Wonder operations whose futures have not yet been secured.
Administrators from Kroll narrowed the list down from 60 initial expressions of
interest.

‘We remain hopeful that these negotiations will eventually result in a timely
sale for all or parts of the remaining business,’ said Adrian Wolstenhome, Kroll
partner and joint administrator of Golden Wonder.

Nearly 200 jobs were lost at Golden Wonder’s Corby site earlier in the month,
as production of its Own Label and Golden Lights products was transferred to
Scunthorpe.

But jobs were saved when Golden Wonder’s Mini Pringle production was sold to
an affiliate of Irish snacks producer Tayto.

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