Meat processing firms Tulip and Cranswick bought some of Dent Ltd’s assets out of administration, including 18,000 pigs.
In a statement issued by joint administrators Adrian Berry and Clare Boardman of Deloitte, Berry said: “We are delighted to confirm that we were able to conclude sales to Cranswick and Tulip on December 19 2013 and December 20 2013 respectively.
“This resulted in the sale of c. 18,000 pigs and related assets across 13 farms.”
Dent Ltd’s assets had received a significant level of interest since it was placed in administration on December 2 2013, Berry claimed.
As a result, further deals after the partial sale looked likely, he added.
“The joint administrators continue to trade out the remainder of the business and will continue to negotiate with a number of interested parties,” Berry said.
Related businesses North Lakes Food and Dent Company – a haulage business – were not placed in administration and continue to trade normally.
Deloitte has also continued to trade Dent Ltd throughout the administration process.