Buyers are circling Palmer & Harvey’s intellectual property (IP) assets, which includes its corporate brand, ahead of today’s deadline for offers (7 February). Palmer & Harvey, which delivered goods to 90,000 grocery and convenience stores, including Tesco, Sainsbury’s and the Costcutter chain, called in administrators in November, after running up debts of more than £700m. The sale, which is being conducted by IP firm Metis Partners, on the instructions of administrators PricewaterhouseCoopers, is targeted at distribution, wholesale, retail, supply chain […]
Coca-Cola Enterprises (CCE) has said it is “disappointed” with union action over plans for compulsory redundancies at its Wakefield manufacturing plant as it is doing all it can to minimise the need for such cuts.
Work and Pensions Committee chairman Frank Field MP has added his voice to former employees’ demands for an investigation into failed wholesaler Palmer Harvey & McLane (P&H), which collapsed with more than £65m in debt last November.