Examiner appointed to ready-meals firm

A CORK ready-meals company that employs 125 people is said to have a reasonable prospect of survival following the appointment of an examiner.

Mr Justice Peter Kelly confirmed in the High Court that David Carson, of Deloitte, is examiner to Swissco Ltd, which operates a manufacturing plant in Little Island, Cork.

Swissco is part of a group of companies comprising Cresset, a wholly owned subsidiary of International Cuisine (ICL) Ltd, which is in turn owned by Singapore Food Industries (SFI) Ltd.