date:Jun 12, 2012
Rock Farm Dairy called in administrators Pricewaterhouse Coopers (PwC) in March this year. PwC set up a toll processing arrangement with milk supply company UK Dairy Sales (UKDS), which has now bought the company.
The deal means 55 jobs have been secured at Rock Farm out of 88. The remaining staff have lost their jobs.
The tolling agreement with UKDS had preserved the opportunity to sell the business as a going concern. Assets have remained in the same location which preserved a higher value,