Partial sale of BFP Wholesale to C&C 25 Limited completed by administrators.
The joint administrators of BFP Wholesale, Rob Croxen and Will Wright from KPMG, have announced that they have completed a partial sale of the business and its assets to C&C 25 Limited.
The sale sees C&C 25 Limited acquire the operations of the Leeds and Livingston sites and all of the stock of the national bakery ingredients wholesaler. The staff connected with the Leeds and Livingston sites will also transfer to the purchaser. The Sevenoaks and Highbridge sites have ceased trading.
Rob Croxen, partner at KPMG and joint administrator, commented: “We are pleased to have completed a swift partial sale of the BFP Wholesale business, safeguarding the operations and employees at the Leeds and Livingston sites.”
For more information, please contact:
Katy Broomhead, Senior PR Manager
T: +44 (0)161 246 4623
M: +44 (0) 7824 537963
Follow us on twitter: @kpmguk
KPMG Press Office: +44 (0)207 694 8773
KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 12,000 partners and staff. The UK firm recorded a revenue of £1.96 billion in the year ended September 2015. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 155 countries and has 174,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.