Restructures and receiverships news & analysis
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NewsVFC confirms rescue of Meatless Farm
The Meatless Farm brand in the UK will be retained to complement and diversify VFC’s range of frozen plant-based chicken products
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Meatless Farm set for rescue by vegan fried chicken challenger VFC
Meat-free startup VFC, launched by Veganuary and Veg Capital founder Matthew Glover, is close to securing the rescue of the Meatless Farm brand in the UK
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Meatless Farm officially collapses as Kroll appointed as administrator
Meatless Farm has officially collapsed into administration after losing its battle to secure new investment, leaving shareholders facing multimillion-pound losses
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Mamamade brand rescued from liquidation by the Family Food Co
The Family Food Co has rescued the Mamamade brand out of liquidation in its second deal of the year, as part of ambitions to build a marketplace for healthy meals for kids
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Farmison hires retail veteran Andy Adcock as new CEO
The upmarket online retailer has also partnered with rapid delivery business Gopuff, 50 days after it was relaunched by ex-Asda boss Andy Clarke
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Meatless Farm set to enter administration as all staff made redundant
Loss-making Meatless Farm is set to collapse into administration after a desperate search for new investment to save the plant-based brand proved fruitless
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Vegan foods manufacturer Plant & Bean falls into administration
Meat alternatives supplier Plant & Bean has filed for administration after soaring costs and operational disruptions hit trading
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Oscar Mayer is taken over by lender following financial restructure
UK ready meals supplier Oscar Mayer has been taken over by its institutional lender following a financial restructuring, documents show
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Belazu adds miso to line up with Miso Tasty acquisition
Miso Tasty founder Bonnie Chung remains part of the business and is working with Belazu on the integration and transition, while all staff have also transferred across to the new owner.
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Meatless Farm hires Kroll to save its plant-based skin
The Leeds-headquartered business has hired advisors at the restructuring and insolvency specialist to run an early options process in a bid to save the brand
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Framptons seeks £5m cash injection after supply chain shocks
Recovery specialists at Resolve have been drafted in to explore options at the business, including finding a potential buyer.
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Planet Organic founder Renée Elliott commits to a food-based future
In an interview with The Grocer, Elliott discussed the new management team’s vision for the business, rebuilding supplier trust and how she pulled off the deal
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Mamamade closes doors as cost of living crisis affects trading
DTC plant-based baby food brand Mamamade has ceased trading after losing a battle with soaring costs and lower demand.
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Planet Organic owed creditors £12.5m before rescue deal
New report lifts the lid on the collapse and details how much Planet Organic founder Renée Elliott paid to rescue the business
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Revived Farmison starts phased reopening of meat business
The upmarket online butcher was rescued from administration by ex-Asda boss Andy Clarke last month
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Morrisons’ plastic recycling plant falls into administration
The Grocer understands the administrator has spoken to several interested parties, with a formal deadline for bids tomorrow (5 May)
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Black Sheep Brewery poised to enter administration
The Yorkshire brewer Black Sheep has issued a notice to appoint administrators after failing to find new funding
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Coffee logs supplier Bio-Bean collapses following on-site fire
The supplier, which makes fuel from recycled coffee grounds, appointed KRE Corporate Recovery as administrator this month
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Farmison eyes push into supermarkets under Andy Clarke
Farmison is set to make a renewed push into mainstream supermarkets, after being rescued from administration by former Asda boss Andy Clarke this week.
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Planet Organic founder saves 10 stores with pre-pack deal
Sale follows weeks of intense talks with potential investors after Waitrose ended negotiations to take over the business
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