UK firm Devonshire Desserts has confirmed its purchase of the Okehampton Desserts frozen food manufacturing facility, formerly operated by Polestar Foods.
Okehampton Desserts had gone into administration earlier this month, with the loss of 232 jobs at the site. Polestar’s owner Privet Capital said that administrators were called in due to cashflow problems at the business.
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Polestar – a business formed in 2009 from two desserts operations formerly owned by Heinz – was bought by Privet in December.
At the time of Privet’s acquisition, administrators were called in at one of the two units, Leamington Desserts, and the private-equity firm said it would restructure and focus on the second – Okehampton Desserts.
Okehampton Desserts’ new owner has said that it has launched an assessment of the plant. “The future of the Okehampton factory will depend upon the outcome of this evaluation,” a spokesperson for Devonshire Desserts said today (18 February).
The group declined to comment on the possibility that it could re-hire former employees.
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