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Rib World Clonmel Goes Into Receivership

Rib World Clonmel

Jobs continues to be under threat here in Co Tipperary. This statement is borne out with the news that the Clonmel, Co Tipperary company, STGN Ltd, trading as Rib World, which specialises in the processing of vacuum-packed cooked pork ribs, has now gone into receivership.

The Bank of Scotland have now appointed Mr Liam Dowdall of Smith & Williamson Freany as receiver and manager to the company, which will continue to operate at full capacity, retaining its 65 employees, until same is sold as a going concern. Mr Dowdall met with employees at the company, following his appointment, stating he was confident that a buyer would be found quickly.

Rib World, established in 2004 and situated at Fethard Road, Carrigeen Industrial Estate, Clonmel, is one of Europe’s largest producers of pre-cooked pork ribs. It currently operates an ultra modern processing operation and has a strong core market in both Ireland and abroad.

Founder and Managing Director of Rib World, Scandinavian born Mr Bo Nielsen, had worked in the food industry for over 20 years, prior to starting this enterprise with partners, together with financial and other assistance from the Irish Government agency Enterprise Ireland.

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1 comment to Rib World Clonmel Goes Into Receivership

  • It is a pity that they are gone into recievership, I really hope they find a buyer soon, can you update this post when they find a buyer? I hope 65 people don’t lose there jobs, as I have a few friends that work there.

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