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last mo.

Henry Nuttall Rescued in Going-Concern Sale to HN Ranges, Saving 11 Jobs

Administrators said the deal followed financial strain after the owner's death, preserving more value for creditors than closure.

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Overview

  • Azets appointed joint administrators on February 6 completed a sale of Henry Nuttall’s business and assets to HN Ranges within the RGM Leeds group.
  • The buyer is aligned with Hopkins, with both brands to operate under RGM Leeds while Henry Nuttall continues as an independent name.
  • All 11 employees transferred to the new owner, with the company stating day-to-day operations will continue as normal and long-term investment is planned.
  • Azets reported the company was unable to secure a solvent buyer after the owner’s death in March 2024, rising costs, and weakening demand.
  • The firm, founded in 1865 and described as one of only two main UK frying-range manufacturers, was sold as a going concern to maximize creditor returns versus liquidation.