Following an accelerated M&A process, Duff & Phelps sold the business and assets to Reynolds Catering Supplies Limited in a transaction which preserved the jobs of all 62 staff.
Following our recent networking event in Manchester Paul Smith, managing director in the UK Restructuring practice, is quoted in the North West’s Business Desk commenting on the Northern powerhouse and the importance of long term economic growth in the area.
Paul commented that “It is crucial that [the local economy] continues to receive the investment into infrastructure, education and access to finance to secure the long term economic growth that Greater Manchester is capable of achieving.”
The event also hosted guest speaker and Leigh MP Andy Burnham, who will stand as Labour’s mayoral candidate for Greater Manchester.
As Administrator, Duff & Phelps sold majority of the business and assets to Hilding Anders Holdings Limited, saving the jobs of over 100 employees.
November 28-29, 2018 La Jolla,
November 28-29, 2018 La Jolla