UK convenience food firm Millar Savoury Foods has fallen into administration, with 36 jobs under threat.
The company, which makes a range of savoury products, could not pass on increases in commodity costs to its retail customers, administrators at McCambridge Duffy said.
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Administrator Ronan Duffy said he was “actively pursuing options” to sell the business, which was placed in administration last Wednesday (1 June), as a whole.
“Whilst it is early days in my investigation, a significant factor contributing to the company’s insolvency is how fiercely competitive the food sector is. The company appears to have been unable to pass on commodity price increases to its customers, the supermarket multiples,” Duffy said.
