Devon fudge factory Bristow's closes with 73 jobs lost

Image caption Bristow's is one of Crediton's biggest employers

A Devon fudge factory has closed with the loss of 73 jobs, administrators have said.

Bristow's fudge making business in Crediton was part of the group New McCowan's Limited which has ceased trading.

Grant Thornton, administrators for the group, said a range of options was being considered.

Bristow's, which has been run by the same family for three generations, is one of Crediton's biggest employers.

It was founded in 1932 and shut in 2008, only to be sold and reopened a few weeks later.

Tim Jones, chairman of Devon and Cornwall Business Council, said: "It's a devastating loss for a small market town like Crediton.

"Devon has got tremendous strengths in the food and drinks industry, but this is a body blow for the county."

The Bristow family were unavailable for comment.

Grant Thornton said a total of 185 people had lost their jobs with the collapse of New McCowan's.

McCowan's was bought out of receivership by current owners Thornycroft in 2006.

Administrators were appointed in mid-September after the company experienced cash flow difficulties.

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