Westler Foods taken out of administration
Hotdog firm Westler Foods has been bought out by a new company, taking it out of administration and saving jobs in the process.
The Yorkshire-based business had been placed into administration in December after it was unable to fulfil the company’s pension obligations.
Administrators KPMG confirmed that a new buyer has been found and that nearly all the staff at the Malton site have kept their jobs.
A KPMG spokesperson said: “I can confirm that Westler Foods has been taken over by a newly formed company With Comb and is backed by private equity firm RCapital. A number of the former company’s directors will be part of the new management team.”
162 jobs have also been saved in the new take-over.
Westlers was established in 1960 in Hull by brothers-in-law Alick Burdon-Cooper and Charles Breese along with Donald Watson. It supplies the retail and foodservice sectors as well as the military.