The retailer, which appointed a liquidator this week, has invited interested parties to enter a sales process, with “best and final offers on the stock and assets of the business” expected by 22 March
The final clear out process at Wiggle Chain Reaction Cycles is underway this afternoon, after what remains of the beleaguered retailer began a sale process for the residual stock in its Citadel warehouse, a day after it was reported that parent company Mapil Topco Limited had appointed a liquidator. In an email sent to road.
cc, it was revealed that “Wiggle Ltd (in administration) is beginning a sales process for the residual stock in the Citadel warehouse”, the 323,000 square foot facility in Bilston, near Wolverhampton. “Parties are requested to submit their interest to enter this purchase process by 15th March,” the email continued. “Interested parties are asked to submit their details to the following email address: [email protected]” It is understood that best and final offers on the stock and assets of the business are expected by 22nd March
Wiggle Chain Reaction Cycles Sale Process Residual Stock Liquidator Retailer Citadel Warehouse Mapil Topco Limited
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