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PRIVACY
Manufacturing

GRH Food Company in Gwynedd sold out of administration

The cheese plant in Minffordd closed in June with more than 80 workers made redundant

GRH Food Company at Minffordd(Image: Daily Post Wales)

A cheese business in Gwynedd has been bought out of administration.

GRH Food Company called in workers in June to tell them the

It saw 86 workers lose their jobs at their new £6.5m headquarters in Minffordd, between Penrhyndeudraeth and Porth­­madog.

But today administrators KPMG confirmed the business had been sold.

Gloucestershire-based Futura - one of the largest suppliers of continental cheese to the 海角视频 and Ireland - has taken on the brand. The business is owned by major Danish dairy business Nordex Food.

The deal secures the future of cheese manufacturing at the site, as the buyer plans to restart operations at Snowdonia Business Park in the coming months. 

GRH Food Company, Minffordd(Image: Daily Post Wales)

Paul Dumbell, joint administrator and restructuring director at KPMG, said: “The deal with Futura provides a significant opportunity to revive a major employer in Snowdonia and continue a proud history of Welsh cheese manufacturing.

"With the backing of a major international dairy firm, Futura is looking to restart operations as soon as possible, giving a considerable boost to the local economy and a vote of confidence in the Welsh food industry.”