Owner of the toffee producer McCowans has entered administration. The company was taken over by buy-out firm Grant Thornton.
After going into administration six years ago, the food manufacturer has experienced consistently tumultuous trading conditions. While the firm upgraded its production facilities and is able to boast of an annual turnover of £8.42m, it has now closed its production plants at Broxburn, West Lothian and Stenhousemuir, Falkirk. While these operations have ceased, the firm…
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