An Ashbourne-based condiments and seasonings manufacturer has been sold out of administration by advisory firm Smith Cooper.
Smith Cooper was assisted in undertaking the transaction by head of dispute resolution at Else Solicitors in Burton-on-Trent.
Dovedale Foods Ltd was established in June 2010 and produced a range of ‘Free From’ cooking sauces and condiments which were all vegan, gluten, wheat and dairy free.
Despite the company’s success in the market, it encountered cashflow difficulties and the director was left with no choice but to seek advice after failing to secure an increase in finance.
For the full Insider News Midlands article please follow this link:
Further online press links: