The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Food And Beverage Manufacture Of Food Products 10.3 - Processing and preserving of fruit and vegetables
260 jobs Number of planned job losses
Announcement Date
17 August 2017
Employment effect (start)
Foreseen end date
Description
Southern Salads, based in Tonbridge, Kent, has entered administration and 260 jobs have been lost with immediate effect. The company, which supplied prepared salads to supermarkets and restaurants, attributed its trading problems to the low value of the pound resulting from the decision to leave the EU. The business was reliant on importing fresh fruit and vegetables from the EU market. Administrators appointed to the 31 year old business had attempted to put together a rescue package, though ultimately this was not successful.
Sources
17 August 2017: BBC Website
Citation
Eurofound (2017), Southern Salads, Bankruptcy in United Kingdom, factsheet number 91854, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91854.
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