date:Jul 24, 2012
Simon Thomas and Robert Pick, of insolvency specialist Moorfields Corporate Recovery were appointed joint administrators of the Buckingshamshire frozen food manufacturer last week (July 18).
Mondo Foods specialised in the manufacture of quiches for major supermarkets, wholesalers and retailers. The firm had successfully traded for 21 years before going into administration on May 17.
Price wars
Simon Thomas, partner of Moorfields, said: Powerful supermarkets are continuing to put pressure on f