Multinational fruit and vegetable provider, Total Produce has today assumed a 50% stake in the newly formed Irish logistics company which had previously acquired the trade and assets of Flancare Distribution.
Total Produce have indicated that they intend to preserve the 200 jobs that had been thought to be under threat across the company’s plants in Longford and Clonmel; ninety of those jobs had resided in the company’s Longford plant situated on the Athlone Road.
Declan McDonald of Price Water House Coopers had been appointed provisional liquidator of Flancare the in latter part of April.
The Longford Leader had reported on Wednesday that a ‘substantial Irish company’ had been in negotiations to secure the stake in the company and senior managment stated that they were confident that a settlement could be reached which would protect the 200 jobs.
Total Produce Ireland, who have their base in Dundalk, are part of a conglomerate which operate out of 90 facilities across 19 countries.