Polestar Foods Appoints Administrators, FRP Advisory LLP
PoleStar Foods Limited and Okehampton Desserts Limited, the Okehampton based suppliers of own-label desserts and Heinz branded products, entered into administration on 4 February 2011 with the appointment of Joint Administrators, Phil Armstrong and Nick O'Reilly, partners at specialist restructuring, recovery and insolvency firm, FRP Advisory.
PoleStar Foods Limited and Okehampton Desserts Limited were acquired by Privet Capital in November last year, when the Companies were facing imminent collapse.
Commenting on the administration, Phil Armstrong said: "PoleStar ...