UPDATE UK: Anglo Overseas wine supplier split, jobs go
Administrators for stricken wine and spirits supplier Anglo Overseas have cut the group's 200-strong workforce by half and are seeking to sell off its bonded warehouses.
Anglo Overseas, which imports wine and spirits to the UK, fell into administration last week after the country's slide into recession exacerbated the firm's poor performance.
Administrator Vantis Business Recovery told just-drinks today (27 January) that it has closed seven of the firm's UK offices and also its freight business, resulting in around 100 job losses. More cuts may follow.
Its remaining seven offices have been sold back to Anglo Overseas parent group, Germany-based Ziegler Group, whlie the firm's two bonded warehouses are up for sale.
Vantis said it has received several "expressions of interest" in the warehouses, but declined to give specific details.
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