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Countrywide has been exploring restructuring options for a year and had agreed, in principle, to sell its retail business to Mole Valley.
The company, which employs approximately 735 billing zip code for american express gift card people, operates 48 retail stores across England and Wales including in Bridgnorth, Ludlow, Market Drayton and Whitchurch, It sells a range of farming, equestrian, harvesting and agricultural supplies to consumers.Administrators appointed to the country and equestrian chain on March 7 have been working with the company and its suppliers."To maximise the available trading period, we have taken steps to reduce costs and regrettably, we are unable to retain the workforce in full."There has been a strong response from the market and we encourage any further interested parties to make contact as soon as possible.".However, the Competition and Markets Authority said on Tuesday that it would launch a detailed investigation into the sale, citing competition concerns.Last month, the authority had asked both parties to provide remedies to address its concerns, but it deemed the.Want to read more?The Worcestershire-based chain sold animal feed and farm, equestrian and gardening goods.Unfortunately, given the significant trading difficulties and cash flow pressures, this has led the directors to consider their options and take the difficult decision to place the company into administration.Midlands Live: M1 death crash trucker cleared of charge; former justice minister backs cannabis treatment for boy.Wenn du auf unsere Website klickst oder hier navigierst, stimmst du der Erfassung von Informationen durch Cookies auf und außerhalb von Facebook.
The company, based in Evesham, announced plans to sell in April 2017, but a potential sale to Mole Valley Farmers Ltd fell through in October.Countrywide announced it was going into administration as the CMA investigation could last up to six months, and the company said it will be "unable to meet its financial obligations for this extended period of time".The godaddy net transfer promo code Worcestershire based company is one of the UK's leading suppliers of agricultural goods, employs more than 700 people and has 48 stores.We'd like to thank all employees for the support, service and co-operation they have provided to the company, both before and during the administration.A buyer is being sought for retailer Countrywide Farmers, which has gone into administration.And although they are still open to offers from potential buyers, the redundancies have "become necessary".
"All affected staff have been informed and will be paid up to and including their last day of employment.