Owner Secures Jobs and Assets in Buffalo Farm Administration

Wednesday, 13 March 2024, 10:04

The Buffalo Farm has fallen into administration, but the owner was able to save jobs and acquire assets through a pre-pack deal. However, Founders Club members are set to lose out as a result. The strategic move ultimately aimed to protect the business and ensure continuity in operations.

Buffalo Farm Enters Administration

The Buffalo Farm faced a critical situation.

Owner Saves Jobs with Pre-Pack Deal

The owner managed to secure jobs and assets through a strategic pre-pack deal.

Founders Club members impacted: Members of the Founders Club are likely to face losses as a consequence.

The ultimate goal was to protect the business and ensure operational continuity.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.