Benjys collapses into administration
Sandwich chain Benjys has collapsed into administration for the second time in a year, according to media reports.
Around 400 jobs are feared to be lost after the 46-strong chain was placed into administration last night by private equity owner Hamilton Bradshaw.
Administrators KPMG have been appointed to handle the sale of the business as a going concern.
Benjys was placed into administration last year by previous backers Barclays and ECI Ventures and sold to Hamilton Bradshaw by Deloitte, a move that reportedly saw Barclays lose out on around £26m.
Deloitte, which controls 17 Benjy stores leases, reposed the stores on 3 February.
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By Chris Druce
E-mail your comments to Chris Druce](mailto:chris.druce@rbi.co.uk?subject=Benjy's collapses into administration) here.
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