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Byron burger chain files notice of intention to appoint administrators

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Burger chain Byron have become the latest victim of the coronavirus pandemic and trying to secure a takeover.

According to Sky News the burger chain filed on Monday a notice of intention to appoint administrators, which protects the company from creditors so they can find a buyer.

KPMG have been trying sell the chain since May, and the likeliest outcome could be a pre-pack administration with assets to be sold to new owners.

The firm was founded in 2007 and employs around 1,200 workers and struggled to gain access to the government’s coronavirus loan schemes.




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