Buyout of Cappoquin chicken plant moves step closer

A BUYOUT that could save hundreds of jobs at a key poultry processing plant Cappoquin Chickens is in sight.

The Co Waterford plant is in liquidation after snowballing financial problems. But it is believed that a British food company is about to complete the purchase of the west Waterford plant, in conjunction with a group of local farmers.

A full inspection of the site has already taken place and a “make-or-break” meeting is scheduled for later this week between the liquidator and the interested buyers. Up to 250 full-time and seasonal staff work at Cappoquin Chickens, which has operated just outside the town for more than four decades.