Catering butcher Nigel Fredericks has been acquired from appointed administrators, PricewaterhouseCoopers.
Nigel Fredericks (Trading) Limited is a newly formed company, which was set up in order to complete the transaction. The new company is owned and operated by Pat Herlihy, David Holding and Pirtpal Purewal, all of whom are believed to have connections with the Russell Hume business which ceased trading earlier this year following an investigation by the Food Standards Agency (FSA). The trio are also reported to have a longstanding background in the wholesale meat industry.
Following the completion of the acquisition from the administrators, the former directors of the previous business – Nigel Fredericks Limited – have all left the company including former managing director Nigel Tottman.
In a statement Herlihy commented “We are delighted to have secured more than 260 full time jobs at the five units in Colindale, and at the second site in the Midlands. The initial reaction from suppliers and customers alike has been very supportive. With the current management, fresh ideas and the longstanding reputation and experiences of the new management team coming to Nigel Fredericks (Trading) Limited, we hope to move from strength to strength.”
The statement went on to say that the new management team have thanked employees of Nigel Fredericks Limited for their “hard work, dedication, honesty and integrity through very difficult circumstances”.
Herlihy added: “Without the support of this fabulous group of talented employees the new company would not now be in a position to enhance on the reputation, quality and relationships which were built over such a long period of time by Nigel Fredericks Limited.”
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.
