Fri, 04 Oct 2013 | ADMINISTRATION
The workers union Unite has called for Trigon Snacks’ administrators to seek help from the government in saving its remaining 110 jobs.
Liverpool peanut processor Trigon Snacks entered administration on 10 September after suffering financial pressures. The union now wants the administrators at Duff & Phelps to urge the government department Business, Innovation and Skills (BIS) to bear in mind taxpayer-owned RBS’s role as a creditor.
There are 110 staff remaining in their posts after 64 lost their jobs on 13 September. Amid fears of further job losses should Trigon be sold to a German company, Unite said the administrators are due to reach a decision on the future of the embattled business “imminently”.
Intersnack is the German company and new owner of KP Nuts (after buying it last December for an undisclosed sum) that has been identified as a possible buyer. There are fears that it would use the machinery and brands and close Trigon down, however.
Franny Joyce, Unite regional officer, said: “We know there are a number of parties interested in acquiring this business, and some are committed to retaining the business in Liverpool. However, should Intersnack purchase the company, we fear they may only focus on the machinery and brands and close the site.”
“64 loyal workers have already been sacked. It is vital that administrator Duff & Phelps does everything possible to retain these much needed jobs in Liverpool and allows business secretary Vince Cable to look into the role RBS has played as a creditor in this affair.”
Although it has money problems, Trigon still has good potential as a company and with the right owner, a positive lengthy future, Joyce added.
____________________________________________________________________________
Related information:
Contact the administrators
Liverpool-based Trigon Snacks for sale
Discover this award-winning e-commerce and FBA brand that specialises in creating innovative lifestyle products designed to keep loved ones connected across distances.
This UK-based company is a leader in specialist cleaning services, boasting top-tier equipment and an impressive client retention rate, while accredited by several key industry bodies.
This well-respected freight forwarding business, IATA accredited and recognised as a preferred supplier by many, is renowned for its tailored services in UK, European, and international distribution.
|
18
|
|
Aug
|
UK administrations update: August 11 - 17 | ADMINISTRATION
Since our last update, the following businesses have been co...
|
18
|
|
Aug
|
Decorative glass manufacturer acquired in pre-pack deal | BUSINESS SALE
A longstanding supplier of decorative glass for the home has...
|
17
|
|
Aug
|
East Midlands cybersecurity firm acquired by Swedish group | BUSINESS SALE
4Secure, an East Midlands-based cybersecurity software speci...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
We can help you capitalise on insolvent businesses. We list UK businesses in administration, liquidation and with winding up petitions daily. Ensuring our members never miss out on an opportunity
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.