Abattoir B Riley & Sons bought out of administration
Burnley-based abattoir B Riley & Sons has been bought out of administration.
It has been reported that Dale Valley Rossendale has bought the business and key assets.
B Riley & Sons was said to be experiencing cashflow difficulties and went into administration in December last year. Administrators from KPMG were called in on 16th December. All 131 employees were made redundant as a result.
Paul Flint, associate partner at KPMG and joint administrator for the abattoir, said: “B Riley & Sons was one of the largest independent abattoir and meat processing business in the north of England, and a major supplier of lamb to the European market.
“We are therefore delighted to have been able to conclude this complex sale following a six month marketing and negotiation period, and particularly in light of the events of the last seven days.”
B Riley & Sons’ premises consisted of an abattoir facility, a farm, a butchers shop and an additional 60 acres of agricultural land.
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