Tue, 16 Mar 2010 | BUSINESS SALE
A frozen food company in Kingsteignton, near Newton Abbot, has fallen into administration, with the loss of 33 jobs.
Quality Cuisine Ltd operates under two different divisions: Quality Cuisine and Eaton's Patisserie. Staff working in both divisions were recently informed that the firm had collapsed and that their jobs no longer existed.
The finance company Deloitte was appointed as the administrator for the firm on Wednesday last week, with Robin Allen and Richard Hawes named joint administrators on the project.
The two divisions fulfill different roles: Eaton’s Patisserie manufactures puddings and cakes that are sold to the catering market or to intermediary foodservice distributors, while Quality Cuisine produces starters, which are also sold to caterers and distributors.
Administrator Robin Allen said that they are now trying to find a buyer for the firm: "unfortunately 33 people have been made redundant and we will be working with the local job centre and the redundancy payments office to support those affected. In the meantime, we are in discussion with a number of parties regarding the sale of the business."
The wholesale business has an established trading history and has built up a strong reputation and a loyal customer base. Business is drawn from a wide demographic of clients with a good spread across different business sectors.
This is a unique opportunity to acquire a company specialising in luxury performance cycle clothing, utilising the finest specialist fabrics and cutting-edge construction techniques.
A leading internet-based provider of customisable and curated beauty box services. Over the last decade, the business has evolved from a premier subscription service to a leading internet-based provider of highly attractive and rapidly expanding beau...
WEB-BASED
11
|
Jul
|
Holiday letting agency acquires Cornish self-catering holiday specialist | BUSINESS SALE
Travel Chapter, a leading UK holiday letting agency, has ann...
11
|
Jul
|
Power services firm set to be acquired by US energy resilience group | BUSINESS SALE
The Wilmott Group Limited, a power services group with opera...
11
|
Jul
|
Dunfermline vehicle manufacturing services firm enters administration | ADMINISTRATION
A specialist manufacturing business based in Dunfermline has...
11
|
Jul
|
CubeMatch acquires professional services firm DVCP | BUSINESS SALE
Global change and transformation consultancy CubeMatch has c...
11
|
Jul
|
Dunfermline vehicle manufacturing services firm enters administration | ADMINISTRATION
A specialist manufacturing business based in Dunfermline has...
11
|
Jul
|
Power services firm set to be acquired by US energy resilience group | BUSINESS SALE
The Wilmott Group Limited, a power services group with opera...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
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.