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Business as usual at BP's Thresher sites

04 November, 2009

BP said today it was business as usual at its Thresher-supplied sites, despite the drinks company's owner First Quench Retailing Ltd calling in administrators last week. A BP spokesman said he

didn't expect Thresher's collapse to have a "massive impact" on its stores or customer offer.

He said of BP's 344 company-owned sites, the number supplied by Threshers was roughly "in the very low hundreds".

He added: "We have been discussing our supply arrangments with the affected parties, and see no risk to the supply to our stores at this stage or to our customer offer. We do have a number of Thresher branded inserts in our stores and we will decide how best to manage this fascia in the comings weeks as the situation becomes clearer."

Richard Fleming, Mick McLoughlin and Ian Corfield were appointed as Joint Administrators of First Quench Retailing Limited October 29th. According to a statement on the Thresher website, "The Administrators are in the process of stabilising the business whilst a marketing campaign for the sale of the business and assets as a going concern are being undertaken. It is hoped that a sale can be achieved within a short timeframe."