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Farmright Group in Administration

16 February 2012

UK - Farmright Limited, Dairystix Limited, Stickpack Europe Limited and Quadra Foods Limited went into administration this week.

National Farmers Union (NFU) chief dairy adviser Rob Newbery said: “This is very sad news that will have a devastating impact on a large number of people including many dairy and livestock farmers.

“The NFU is in contact with Grant Thornton, the appointed administrators, to make representations on behalf of affected members and to gather information on the administration for members as it progresses.

“Any members concerned about the impact this will have on their own businesses should either call Grant Thornton’s helpline on 0161 953 6327 or contact NFU CallFirst on 0870 845 8458.

“The NFU has been working on behalf of affected members last week and over the weekend, and will continue to press the case for members who are adversely affected.”

Founded in 2008, Farmright Group had in the last year announced plans to expand overseas into markets including South Africa, America and the Middle East, mainly on the strength of its Dairystix sales. It had predicted a need to take on an additional 40 staff by the end of this year.

TheCattleSite News Desk



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