Hundreds of jobs threatened at Deeside frozen food firm

Paramount Foods Ltd Operations have been suspended at Paramount Foods in Flintshire

About 450 jobs are at risk as one of the biggest manufacturers of pizzas in the UK goes into administration.

Administrators for Paramount Foods in Flintshire have suspended operations while urgent talks are held with key customers, including supermarkets.

The company employs 312 people on Deeside and another 138 in Salford, Greater Manchester.

Talks are also being held with parties who may be interested in acquiring some or all of the business.

David Whitehouse and Sarah Bell, of the Manchester office of firm Duff and Phelps have been appointed joint administrators.

They have suspended operations at both sites and begun "urgent discussions" with "key customers and parties who may be interested in acquiring some or all of the business".

The bases of the firm's pizza products are baked at the Salford site and finished at the Deeside plant.

In a statement, Mr Whitehouse said: "Whilst the company has incurred trading losses historically, the recent loss of a major customer has left the company without any prospect of returning to profitability in line with a turnaround plan embarked upon in July this year."

Paramount had moved to Deeside in 1998, with plans to become one of the largest pizza making centres of Europe, after taking over a mothballed Heinz sauce manufacturing plant.

BBC North East Wales



9 °C 1 °C

Features & Analysis

Elsewhere on the BBC

  • ElvisSecret cinema

    Get off the beaten track and explore cinematic history in the Santa Monica Mountains


  • A computer generated model of a lift shaftClick Watch

    The future of elevator technology - lifts that can climb up to 1km in the air and even travel sideways

Copyright © 2015 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.