According to recent Irish news reports Ireland’s largest poultry supplier, Cappoquin Poultry Holdings Ltd., is in dire straits following the appointment of an interim examiner by a High Court.
It is believed the business has debts of up to six million euros. According to The Irish Independent, papers, lodged with the High Court, by Henry Good, an animal feed company, owed some 4 million euros by Cappoquin claim that company directors attempted to remove “vital” equipment from the plant premises. It is also alleged that a director of Cappoquin, Perwaiz Latif, supplied his brother with 2.6 million euros of wholesale chickens, which were never paid for leaving the business in huge financial difficulty.
Based in Co. Waterford Cappoquin employs around 135 people.
This story was originally published on a previous version of the Meat Management website and so there may be some missing images and formatting issues.
