A historic Spalding business has gone into liquidation with the loss of 42 jobs.
Geo Adams, the company behind the former George Adams Butchers, has folded despite £1.6m having been invested.
The butchers opened in 1910 and proved hugely popular, eventually branching out into large scale manufacturing of its meats.
In 2023 it closed the shop to concentrate on that side of the business.
However Geo Adams Ltd went into administration earlier this month.
A spokesman for Optus Restructuring said: “Opus can confirm that Geo Adams entered administration on January 10, 2025,”
A statement by joint administrator Frank Ofonagoro said: “Despite significant efforts by the shareholders, who invested £1.6 million over recent years to support the business, ongoing losses meant they were no longer able to sustain operations.
“The business was marketed extensively in an attempt to find a buyer, but no viable interest was received, and marketing efforts concluded on January 8, 2025.
“Regrettably, this resulted in the redundancy of 42 staff members.
“We are now focused on managing the administration process in the interests of creditors.”
