Food Strategy founder and Managing Partner, Robert Lawson, gave his view on Adelie Foods going into administration on page 4 of this month’s edition of Food Manufacture:
“Big, diversified chilled convenience players are facing difficult circumstances, even if they are entirely grocery businesses. Most have substantial foodservice legs, which have seen demand drop by 95%. If you are looking at rescuing Adelie, your first question is going to be: is this part of the business that I’m looking at cash-generative?”
See the full article here on page 4: