A plan to save the collapsed Barbeques Galore business has fallen through, resulting in the closure of 62 company-owned stores and the retail chain’s likely liquidation.
Barbeques Galore, which sells barbeques, outdoor furniture, and wood heaters, first fell into administration in February.
Its secured creditor appointed Ankura’s Quentin Olde, Luke Pittorino and Liam Healey to serve as receivers and managers.
The business continued trading. The receivers heard expressions of interest to acquire or recapitalise the business, but none were deemed suitable.
In May, creditors were presented a Deed of…