Loss Of Dunnes Contract Had ‘Devastating’ Effect On Kerry Spring
The High Court has heard that the loss of a supply contract with Dunnes Stores had a ‘devastating effect’ on mineral water firm Kerry Spring.
TheJournal.ie reported that the high court heard that Dunnes had decided to end its contract due to a ‘common problem of an odour from the bottled water’.
Kerry Spring, which is the trading name of Sliabh Bhreandain Teoranta, based in Dingle, responded by saying that the Dunnes ‘had been a disproportionate act’, and impacted on the company’s ability to trade.
A provisional liquidator was appointed to Kerry Spring at the end of July, after the court was told it was insolvent.
TheJournal.ie reported that ‘several parties’ are interested in acquiring the mineral water business. Myles Kirby, the provisional liquidator appointed in July, has continued to run the business as a going concern, the court heard.
© 2015 - Checkout Magazine by Stephen Wynne-Jones