More than 80 jobs lost as Welsh cheese manufacturer GRH Food Company calls in administrators

By Jim Cornall contact

- Last updated on GMT

The cheese company, established in 1989, employed 86 staff.
The cheese company, established in 1989, employed 86 staff.

Related tags: Cheese, Wales

KPMG has been appointed as joint administrators to GRH Food Company Limited, a Snowdonia-based cheese processing business that has laid of all but four of its staff after suffering cash flow issues.

The Welsh family-owned firm supplies cheese products to retail, wholesale and food service industries in the UK and international markets. GRH was established in 1989 and employed 86 staff from its base at Snowdonia Business Park.

In 2016, the company gained national attention​ when its goat cheese products, launched the previous year, were featured on national BBC radio. 

In 2017, it received a grant from the Welsh government to assist with a move to a new facility.

The joint administrators were appointed to GRH after the company suffered cash flow issues and was unable to meet its financial obligations as they fell due. The majority of staff were made redundant shortly before the appointment. Four members of staff have been retained in the short term to support the administration process.

Paul Dumbell, Joint Administrator from KPMG, said, “GRH was an ambitious business that had grown in recent years, but the squeeze of increased costs and liabilities put too much pressure on its finances. Despite efforts to market the business for sale, a buyer could not be found, which led to the administration.

“Although the facility will not trade during the administration period, we continue to explore all options for this multi-million-pound production facility.”

Reacting to the closure on Twitter, MP for the area Liz Saville Roberts said, “I call on the Welsh Govt to hold urgent talks with liquidators KPMG to make sure this valuable public investment in food production is safeguarded for the future.”

Related topics: Manufacturers, Pricing Pressures, Cheese

comments

Post your comment

We will not publish your email address on the website

These comments have not been moderated. You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions ‘Participating in Online Communities’. These terms may be updated from time to time, so please read them before posting a comment. Any comment that violates these terms may be removed in its entirety as we do not edit comments. If you wish to complain about a comment please use the "REPORT ABUSE" button or contact the editors.