UK rum company rescued from administration
A rum company has been bought out of administration by two former recruitment bosses.
Neptune Rum, which is headquartered in Cheltenham, was saved by James Strickland and his business partner, Raymond Pugh, in a deal managed by corporate finance advisory firm Shaw & Co.
According to Shaw & Co, the rum company fell into administration after the Covid-19 pandemic “jeopardised” a number of…
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