MUFG Bank Europe

Restructuring · EMEA

Dublin liqueur distillery Stillgarden, founded in 2020 and based in Inchicore, has entered liquidation after failing to secure investment for a restructuring.

Restructuring · EMEA

UK facades contractor FK Group entered administration in February, dropping it from the CN top 10 envelope contractors list for the first time in a decade.

Restructuring · EMEA

Sequoia is reported to be closing its London office and cutting its Europe team.

Restructuring · EMEA

Sequoia Capital is closing its London office, cutting UK staff, and scrapping its Arc accelerator and Scouts programmes. It is also merging early-stage and growth investing and moving to a more selective strategy, with investment decisions handled from Silicon Valley.

Restructuring · EMEA

Gordon Brothers, the US investment firm that owns Poundland, has committed to protecting jobs under political pressure from the business secretary, amid a contested sale process and possible administration of the discount retailer covering about 12,000 direct jobs and 30,000 supply-chain jobs. The business committee plans to question the firm.

Restructuring · EMEA

A new not-for-profit venture, the Smart Energy Code Company, has taken over management of the smart meter network covering about 39 million meters across Great Britain.