Apif Realisations Limited (00202034): administration
- Status
- Administration ended
- Administration began
- 2020-01-31
- Administrators
- Colin Peter Dempster, Timothy Vance
- Administrators' firm
- EY
- Formerly
- API Foils Limited; Whiley Foils Limited; George M.Whiley Limited
- Incorporated
- 1924-11-28
- Location
- Manchester
- Industry
- 17219 Manufacture of other paper and paperboard containers
Why it went into administration
- Loss of a key customer, supplier or contract
- Sustained trading losses
- Parent or group failure
- Regulatory change or action
- Supply chain disruption
From the administrators' statement
The Group is a packaging manufacturing business, with operations in the UK and US, Europe and Hong Kong.
In 2015 the Group was acquired by Cedar 2015 Limited (“Cedar”), a company ultimately owned by Steel Partners L.P. (“Steel Partners”), a US investment firm (who had previously
held a minority shareholding in the Group). The Group was also delisted from the AIM market in 2015 ahead of the acquisition by Cedar.
Administrators' statement of proposals (2022-03-10) · Companies House register