Gojo Industries - Europe Limited (02473045): administration
- Status
- Administration ended
- Administration began
- 2024-04-30
- Administrators' firm
- AlixPartners
- Formerly
- Go-Jo Industries - Europe, Limited; Fenminster Limited
- Incorporated
- 1990-02-22
- Location
- London
- Industry
- 46450 Wholesale of perfume and cosmetics
Why it went into administration
- COVID-19
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
The Company is a distributor of hand hygiene and skin care products as well as various other cleaning products. The Company purchased products directly from its French manufacturing subsidiary and sold them to customers in the UK and Irish markets across a range of industries including the medical, education, hospitality and leisure sectors.
The Company was established in 1990 with the view to expanding the sales of GOJO and Purell branded products across the European region. Products were initially produced in the US, shipped to the Company, and distributed throughout the European market.
Funded via intercompany loans provided by the Company’s US parent entity, GOJO International Holdings, Inc. (GJIH), the Company reached a key milestone by acquiring its French manufacturing subsidiary, Laboratories Prodene Klint (LPK) in 2014.
Administrators' statement of proposals (2024-07-11) · Companies House register