Wright Machinery Ltd, a manufacturer of Food processing and packaging equipment located in the United Kingdom, is offered for immediate sale by its administrators, Wyles Hardy and Co.
Wright Machinery Ltd is a subsidiary of PPM Technologies Inc. In the United States PPM Technologies Inc. has filed for Chapter 11 bankruptcy (reorganisation).
Details on the sale of Wright Machinery Ltd:
- The Administrators offer for sale the business and assets of a world leader in the design, manufacture and installation of process and packing systems for the food industry
- the Company supplies conveyors, seasoning systems, primary product distribution systems and secondary multi-packing systems
- Customer base includes Europe, the Americas, Africa, Asia and the Middle East
- The business has sixty years experience combined with leading edge design and manufacturing technology. This enables the Company to produce systems that are tailor-made to meet specific customer requirements for complete food processing and packaging lines
- Other services provided by the Company include training, servicing and maintenace. Parts and spares are also offered by the Company.
- The Company is a subsidiary of PPM Technologies Inc. The Administrators are only offering the business traded by Wright and its assets for sale
- The business operates from purpose built leasehold premises 46,000 sq/ft in size located in South Ruislip, West London.
- Turnover for the year ended December 2009 and December 2008 were £19.1m and £14.2m respectively.
- The Company currently has 52 full-time employees.
- Offered for sale include: plant and machinery, stock, customer base, intellectual property and leasehold premises.
