Nine jobs have been secured at a specialist Dorset food producer after the business was sold to a Westcountry organic supplier.
Dorset County Foods Limited, which traded as Dorset Farms, was purchased by Eversfield Organic Ltd, of Okehampton, Devon, on Monday, 21 September.
Dorset Farms was placed briefly into administration in order to allow the prepack sale to take place, with Ian Walker, of business rescue and recovery specialist Begbies Traynor’s Exeter office appointed administrator on Friday, 18 September.
Eversfield Organic Ltd, which farms 450 acres on the edge of Dartmoor, has purchased Dorset Farms’ goodwill, plant and machinery and stock for an undisclosed sum.
All of Dorset Farms’ nine staff will keep their jobs and will continue working at the business’s existing site in Beaminster.
The firm was established in 1984 and has built up an international reputation for supplying high quality cured meats.
Mr Walker said the business had a secure future under its new ownership.
“I’m delighted to announce the sale of this fantastic business. It means that not only is Dorset Farms’ future safeguarded but it also enables Eversfield Organic Farm to offer a broader range of ethically produced and traceable products to its existing customer base,” he said.
Ian joined Begbies in 2000 from Pannell Kerr Forster after practicing insolvency for the previous 20 years with Big Four firms. A member of R3 and a Fellow of the Institute of Chartered Accountants in England & Wales (from which he also takes his Insolvency Licence, he is currently a member of the ICAEW Investigation Committee. Over the years, Ian has dealt with all types of insolvency and at least three recessions. Currently, his practice based in Exeter and Plymouth covers the whole of Devon & Cornwall (including the Scilly Isles), together with as much of Somerset and Dorset as he can get away with! He deals with all types of personal and corporate insolvency and also concentrates on pre- and post-lending review work for all the major lending institutions.