Asset Overview
- North London based well regarded meat processing business serving the catering industry with Pork, Redmeat, Poultry and Hala meat products.
- More than 150 lots of machinery, including wholesale meat processing and butchery equipment from cutters and slicers all the way through to packaging and labelling equipment, stock control scanners and software
- More than 175 lots of IT systems and office equipment, including hand held scanners, printers and the contents of an IT computer room with high capacity / capability enterprise hardware.
Project Summary
Our expert Plant & Machinery team was appointed by the administrators of a respected meat processing business to secure the site and prepare a comprehensive asset register and valuation.
Our team’s expertise in food manufacturing equipment enabled them to rapidly catalogue the machinery and define tailored marketing strategies for a wide range of assets from meat processing machinery to specialised software.
This approach involved a thorough assessment, detailed inventory appraisal and strategic disposal advice to maximise sale value.
We then marketed and successfully auctioned the full inventory, including production machinery, IT systems and office equipment.
The Challenge
The primary challenge was identifying buyers within a highly specialised market, which demanded targeted international marketing efforts to secure competitive sale prices.
The project also involved complex logistics to coordinate the safe removal, transport and storage of large-scale machinery. Thanks to our experience we coordinated every step to keep the process seamless and timely, maintaining a safe and compliant site at all times.
Landwood Group’s Strategy
After preparing the asset inventory and completing the valuation of the machinery, our strategy focused on a highly targeted marketing approach.
Given the turnkey nature of the meat manufacturing facility, we anticipated strong interest from specialised buyers for the majority of the assets. We expanded our reach to include international buyers, ensuring the fastest possible sale at the best market value.
As expected, we secured substantial interest and were well-prepared to manage the sale. For remaining items, we utilised multiple channels to maximise exposure and achieve the highest possible value.
The Results
Raised £500,000 from the asset sale
Landwood Insight
Jeff Wignall, Partner at Landwood Group said: “We’ve built a strong reputation for navigating complex administrations in niche sectors with speed and precision.
“Our hands-on, director-led approach has made us a trusted partner for many insolvency practitioners and administrators, helping clients unlock maximum value just like this meat manufacturer.
“What truly sets Landwood apart is the breadth of expertise within our team. As a boutique agency, we all pitch in to deliver the best outcomes, ensuring every detail is covered.
“This collaborative, thorough approach carries through to efficient post-sale asset removal and site clearance, streamlining the process for all parties involved.”
Find out more
If you would like to speak to Jeff on a similar recovery project or find out how we could help you. Contact us today on:
jeff.wignall@landwoodgroup.com
0161 710 2010
