Update: Administration of Countrywide Farmers Plc | KPMG | UK

Update: Administration of Countrywide Farmers Plc

Update: Administration of Countrywide Farmers Plc

Following their appointment on 7 March 2018 as joint administrators of Countrywide Farmers Plc, David Pike, Mark Orton and Will Wright from KPMG’s Restructuring practice have been working closely with the company, its employees and suppliers.

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While the joint administrators remain open to interest from potential buyers, it has become necessary to make a total of 32 redundancies at the company’s headquarters in Evesham and the distribution site in Defford (20 in Evesham and 12 in Defford). 

David Pike, partner at KPMG and joint administrator, said: “Our strategy remains to continue to trade to realise stock, whilst we develop and convert interest in parts of the business and packages of stores. To maximise the available trading period, we have taken steps to reduce costs and regrettably, we are unable to retain the workforce in full. We remain focused on doing all we can to preserve as many jobs as possible. 

“All affected staff have been informed and will be paid up to and including their last day of employment. We’d like to thank all employees for the support, service and co-operation they have provided to the company, both before and during the administration.

“There has been a strong response from the market and we encourage any further interested parties to make contact as soon as possible.”

The joint administrators are calling for offers to be made by 5pm on Wednesday 28 March. Interested parties should contact Gareth Shaw on 0121 232 3288.

 

-Ends-

Notes to Editors:

For media enquiries only, please contact:

Jo Chileshe, Assistant PR Manager

T: 0121 232 3343

M: 07919 211803

E: jo.chileshe@kpmg.co.uk

 

KPMG Press Office: 020 7694 8773

 

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