News and analysis for the global poultry industry.
Industry News & Trends / Business & Markets / Mergers & Acquisitions / Europe
on November 8, 2018

Banham poultry company owed millions to producers

The company that was forced to close its doors with GBP40 million in debts before sale that will likely go unpaid to many

United Kingdom poultry company, Banham Poultry closed last month with debts of GBP40 million (US$52.4 million), BBC news reported.

An accounting firm reported that the company owed about 700 different companies and organizations GBP40 million, which is more than 50 million U.S. dollars. Of the GBP40 million worth of…

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