Over 350 jobs lost as listed butcher Crawshaw appoints administrators
Crawshaw Group, the Rotherham-based butcher, has cut over 350 jobs following the appointment of joint administrators.
Robert Hunter Kelly and Charles Graham John King, both of Ernst & Young LLP, have been appointed joint administrators to the following companies; Crawshaw Group plc; Crawshaw Butchers Limited; Gabbotts Farm Limited; Gabbotts Farm (Retail) Limited; and East Yorkshire Beef Limited.
These appointments follow the previous announcement made by the listed-company on Wednesday 31 October, when it was advised that administrators would be appointed after several years of financial losses and the unsuccessful attempt to raise the additional investment required to fund a restructuring plan.
Crawshaw Group has now ceased to trade from 35 stores and continues to trade from 19 stores which remain open and are trading as normal.
The distribution centre at Astley has been closed, and the group’s remaining businesses are being serviced and supplied from its distribution centre at Hellaby.
The store closures have resulted in 354 redundancies, with the group continuing to employ 261 staff to trade from, support and supply the 19 stores that remain open and operational as well as supply the three butcher’s counters which are being trialled in Spar stores and the wholesale operations.
