Soulmate Food Limited, with offices in Manchester and a production facility in East Lancashire, has been snapped out of administration by fellow health food supplier Kettlebell Kitchen, saving approximately 20 jobs.
Cowgill Holloway Business Recovery advised Soulmate Food Limited, a healthy eating catering provider used by many celebrities across the North West on its sale out of administration to fellow nutritional business, Kettlebell Kitchen.
Jason Elliott, Ben Cowgill and Craig Johns from North West insolvency practitioners Cowgill Holloway Business Recovery were appointed as joint administrators on Monday 30 April 2018.
Speaking about the administration, Jason Elliott said: “It’s great to be able to rescue the business and save the jobs of Soulmate Food. The successful party has allowed the continuity of supply to customers, therefore preserving the goodwill and intangible asset value, and has provided ongoing employment to the workforce.
“Kettlebell Kitchen is a growing brand across Manchester, and it feels like a great fit for Soulmate Food.”
Jamie Alaise, Director of Kettlebell Kitchen said: “Soulmate Food is a fantastic brand built up over 9-10 solid years – one of the very first to launch into this market. With a strong and more southern clientele complimenting Kettlebell Kitchen’s more Northern customer base, this now positions us as one of the largest meal preparation companies within the UK. The brands and offerings are very different, appealing to different customer wants and demands, this means we can now cater to a wider spectrum of people when it comes to nutrition than any other prep company on the market today.”
Kevin Pinkerton and Miles Hacking from Freeths advised Soulmate Food Limited, with Rachael Bentley of Knights Solicitors advised Kettlebell Kitchen.
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