A Scunthorpe-based vegetable supplier and packer has been sold out of administration, securing the jobs of eight staff.
Ready Steady Veg Limited supplied caterers with prepared vegetables but entered administration following the loss of a major contract.
Kelly Burton and Lisa Hogg of Wilson Field Limited were appointed as joint administrators of the company on 5 February.
A sale of Ready Steady Veg was completed two weeks after the appointment of administrators to Barrowcliffes group.
The total value of the deal is undisclosed but includes the business and the assets of the company.
Burton, joint administrator and associate director at Wilson Field said: “We went in to review the situation, assess the viability of the business and sold it as a going concern after marketing the business.
“This was a swift turnaround and conclusion. Wilson Field was pleased to have helped saved these jobs in a challenging market.”