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Lichfield butchers shop saved by takeover

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A Lichfield butchers shop has been saved after a management takeover.

The future of Walter Smith, on Market Street in the city, was put in doubt after the firm went into administration.

But, according to the Express & Star, the future of all 20 of the businesses stores across the Midlands has been secured after the management took control of the company as part of a deal engineered with administrators PKF.

A statement from PKF explained:

“The trade and assets were purchased from the administrators by the existing directors and management team. The restructuring has secured all jobs.”
Lichfield Live

Lichfield Live

Lichfield Live and The Lichfield and Burntwood Independent

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