nufacturer of the Big D and Planters peanut brands, was placed into the hands of David Whitehouse and Steven Muncaster of global financial advisory and investment banking firm Duff & Phelps on September 10.Financial advisory and investment banking firm Duff & Phelps, which managed the administration process, claimed the deal had saved 110 jobs at the nuts and snacks firm, which is based at Aintree in Liverpool.
The value of the transaction remains undisclosed.
Trades union Unite waded into the process last week, appealing to the government’s Department for Business, Innovation & Skills to broker a deal for state-owned bank RBS to help fund a rescue plan .
The union expressed fears that if Trigon was sold to a large snacks manufacturer such as Intersnack, which has operations in the UK and overseas, it would be broken up.
“This sale sees the continuation of a well-established and recognised brand and business,” said Whitehouse. “It is a great result for the business’s 110 strong workforce, who I would like to thank for their support over the last few difficult weeks.”
