Chilled specialist Kerryfresh enters administration

Kerryfresh, the chilled and fresh foods supplier, has gone into administration, leaving hundreds of retailers short of supply and out of pocket.

Allan Graham and Ben Wiles of Duff & Phelps, were appointed joint administrators to the van sales business, which traded from 19 sales centres and a distribution centre in Manchester, providing a national delivery network supplying chilled products to the convenience sector. The company had more than 200 refrigerated vehicles and 300 employees.

Graham said: “The business was impacted by the failure of Palmer & Harvey in November last year. The ongoing financial pressures it was facing alongside the loss of these customers meant that it had a significant funding requirement.

“The company’s management team have been trying to secure additional investment into the business or find a purchaser for the company but both strategies proved unsuccessful and insolvency became unavoidable,” he added.

“Our immediate short-term strategy is to exhaust all remaining options as quickly as possible in respect of potential buyers that may seek to re-start the business in short order, whether that is for the whole business or in parts.”

Kerryfresh sold goods such as meats, dairy, fruit & veg, snacks and sandwiches through its Fresh to Store website and van teams. The company partnered with Nisa, Booker, Best-one, Costcutter, Landmark Wholesale, Parfetts, Today’s and other wholesale and retail groups.

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