Hill Station consolidates
- Published: 27 December, 2006
Page 5
Ice cream maker Hill Station, which made a reverse takeover of rivals Loseley Dairy Ice Cream and Granelli McDermott in November 2005, has finally consolidated production of all its lines at its Cwmbran plant in South Wales.
The UK's third largest ice cream maker had struggled to control costs during the transfer because delays in installing equipment at Cwmbran had forced it to keep its Cheadle factory open for longer than it had anticipated.
As a result, trading in Hill Station's shares was temporarily suspended in November. Trading was restored after the company secured additional financing.
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