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Pizza-maker Paramount Foods falls into administration
by - 05/10/2012
"FRESH and frozen pizza manufacturer Paramount Foods, which employs around 450 people at sites in Salford and Deeside, has been placed into administration after losing a key contract from supermarket group Morrisons."
FRESH and frozen pizza manufacturer Paramount Foods, which employs around 450 people at sites in Salford and Deeside, has been placed into administration after losing a key contract from supermarket group Morrisons.
Sarah Bell and David Whitehouse from the Manchester office of insolvency firm Duff & Phelps have been appointed to Paramount, which had annual sales of £32.5m in 2011.
The loss-making business, which also supplies Sainsbury's, was spun-out of Dutch food manufacturing group Vion just last month.......for the full story register now for free or login below...
More Details: http://www.thebusinessdesk.com/northwest/news/380707-pizza-maker-paramount-foods-falls-into-administration.html
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