FENLAND: 80 jobs to go after MBMG goes into administration
MORE than 80 jobs will go after potato trading company MBMG went into administration.Ian Carr and Malcolm Shierson of Grant Thornton were appointed joint administrators to the company, which has its headquarters in March, Cambridgeshire, and employs abou
MORE than 80 jobs will go after potato trading company MBMG went into administration.
Ian Carr and Malcolm Shierson of Grant Thornton were appointed joint administrators to the company, which has its headquarters in March, Cambridgeshire, and employs about 100.
Two MBMG trading sites in Holbeach and Bicker in Lincolnshire will be closed. The 43 employees at Holbeach and 41 at Bicker have been informed of the decision, the administrators said.
About 15 staff at the March headquarters also face uncertain prospects while the administrators consider the future of the firm.
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The sites will continue to trade for a matter of weeks to allow customers time to find new suppliers.
MBMG was formed from an amalgamation of potato trading company MBM and fruit and vegetable supplier FW Gedney in 2006.
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According to its website the company supplied more than 600,000 tonnes of potatoes every year to retailers, processors, caterers, wholesalers and the export market.