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Buyers' Harvest

12th July 1990, Page 22
12th July 1990
Page 22
Page 22, 12th July 1990 — Buyers' Harvest
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Which of the following most accurately describes the problem?

• Buyers for the Harvest Group of Companies are about to be announced, with the strong likelihood that the packaging and trucking arms will fall into separate hands.

Harvet went into receivership in June suffering from the effects of high interest rates. The receivers Cork Gully, had hoped to sell the group as a going concern.

The North London-based firm, with a Bradford operating arm, turned over Dm last year. Customers include C&A, Marks & Spencer and the Burton Group, as well as mail order companies GUS, Grattans and Freemans.

Harvest managing director Gary Rees is a former winner of the Independent newspaper's Young Entrepreneur of the Year award.