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
Offered for sale the business and assets of a ladies’ prestigious clothing brand headquartered in London.
LEASEHOLD
Leading boutique recruitment consultancy specialising in providing high-calibre candidates for both permanent and temporary support roles. The company is well established and has an extensive client base across a range of industries. Advising and aid...
Experienced and trusted manufacturer and retailer of diverse ranges of made-to-measure blinds to a loyal domestic and commercial customer base. Gently trading throughout its history the company consistently receives many inquiries due to its strong r...
03
|
Mar
|
Everest Pharmacy snaps up five more pharmacies from peer Sykes | DIVISION SALE
Manchester-based Everest Pharmacy has bought five pharmacies...
03
|
Mar
|
Haulage firm Swiftcare UK sold in pre-pack deal | BUSINESS SALE
Haulage company Swiftcare UK has been sold in a pre-pack adm...
03
|
Mar
|
Dinsdale Farming expands with poultry purchase | BUSINESS SALE
Dinsdale Farming has bought the entire share capital of Must...
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.