BusinessBusiness RecoveryBenjys sold on day it enters administration

Benjys sold on day it enters administration

Administrators at Deloitte sell battling budget sandwich chain less than 24 hours

It has taken administrators Deloitte less than 24 hours to sell battling high
street sandwich chain Benjys. The budget food group was placed in administration
today, but was sold off to private equity group Hamilton Bradshaw before the
close of play.

Benjys has struggled to to cope with difficult trading conditions and has
been plagued by ongoing litigation.

Deloitte’s Nick Edwards, who was appoitned as co-administrator with colleague
Lee Manning, said the sale of the group would provide a ‘stable
platform for the business to prosper in the future’.

Hamilton Bradshaw will now be responsible for running Benjys
into the future.

Deloitte would not comment on the details of the rapid
administration and sale of the group.

Related Articles

Investment firm acquires Avon Steel Company Limited

Business Recovery Investment firm acquires Avon Steel Company Limited

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

Business Recovery Manchester law firm enters into administration

7d Emma Smith, Managing Editor
KPMG appoints new global head of insolvency

Business Recovery KPMG appoints new global head of insolvency

4w Emma Smith, Managing Editor
EY hired by Carillion to review finances

Accounting Firms EY hired by Carillion to review finances

5m Alia Shoaib, Reporter
Using insolvency as a debt recovery tool

Business Recovery Using insolvency as a debt recovery tool

6m Emma Smith, Managing Editor
UK government should support mid-sized businesses to create a ‘new economy’ post-Brexit, says BDO report

Business Recovery UK government should support mid-sized businesses to create a ‘new economy’ post-Brexit, says BDO report

8m Alia Shoaib, Reporter
Over 800 jobs saved as Endless LLP acquires Jones Bootmaker

Business Recovery Over 800 jobs saved as Endless LLP acquires Jones Bootmaker

9m Emma Smith, Managing Editor
FRP Advisory expands operation with new office, partner appointments

Accounting Firms FRP Advisory expands operation with new office, partner appointments

10m Emma Smith, Managing Editor