Newcastle-based David Price Food Services has secured a Company Voluntary Arrangement (CVA) that will see its unsecured creditors paid 38p in the pound on debts of about £2.1m. The arrangement, which the firm said was approved by more than 99% of creditors at a meeting on Wednesday 5 September, safeguards the jobs of 175 staff across seven depots. Company chairman David Price told MT he was relieved the firm had avoided falling into administration. “It has been a traumatic time […]
Further information has emerged regarding events at Leicester haulier AM Widdowson & Son ahead of a meeting of creditors of on 3 July ahead of a proposed CVA.
Bardon, Leicestershire-based Premier Logistics (UK) has entered into a company voluntary arrangement (CVA).
Panther is launching two new services to customers this month after a year of contract wins and the acquisition of a rival took its annual turnover close to the top of the two-man delivery food chain.