Jobs saved as Castle Donington firm swoops for assets of stricken refrigeration business
The joint administrators of Kettering-based Beheren have sold certain assets of the company to a subsidiary of Castle Donington-based TEFCOLD Group.
Chris Pole and Sarah Collins from Interpath Advisory were appointed joint administrators to Beheren, which traded as Capital Cooling, on February 22. The firm employed 42 people; the sale means that 14 staff have kept their jobs, with the remainder being made redundant.
The company provided refrigeration solutions to the retail, hospitality and leisure sectors, with a warehouse and distribution facility based in Kettering and a head office function based in Livingston.
TEFCOLD Group has stock, trademarks, domain names, fixed assets and the goodwill of Capital Cooling from the administrators.
The transaction sees a total of 14 members of staff transfer to the buyer.
Chris Pole, managing director at Interpath Advisory and joint administrator, said: “We are pleased to have concluded this transaction which ensures continuity of service for Capital Cooling’s customers and importantly, safeguards a number of jobs. We would like to thank customers, suppliers and staff for their support throughout the administration process.”
The TEFCOLD Group is a European commercial refrigeration company with a turnover of more than €120m, 130 employees and warehouses in four countries. TEFCOLD (UK) which was previously known as Interlevin Refrigeration has more than 40 employees and has its local head office in Castle Donington where its premises includes warehouse and office space altogether covering more than 100,000 sq ft.
