By Alan Beresford

Copyright grampianonline

A well-known Moray nursery business has gone into receivership.

It has been announced that Graham Smith and Michelle Elliot of FRP Advisory were appointed Joint Administrators of Christies (Fochabers) Limited on September 10.

The company, based at Arradoul, near Buckie in Moray, operates a long-established nursery and tree growing business. It employs 32 staff, all of whom have been retained while the joint administrators continue to trade the business and seek a buyer.

Long-standing family business Christies has invested significantly in the nursery’s infrastructure in recent years, including the development of state-of-the-art grading facilities, cold store refrigeration and modern agricultural equipment. The Arradoul site includes a range of agricultural buildings, plant and machinery, tree stocks and associated land.

The company had experienced increased cash flow pressures over recent years, which ultimately led to the decision to enter administration. It had previously operated a garden centre in Fochabers, which was sold to an independent trade party in June.

Graham Smith, Joint Administrator and Director at FRP, said: “Christies is a well-established and respected name in the sector with high-quality infrastructure and a skilled workforce.

“We are trading the business while we explore all options to secure its future and would welcome early engagement from any interested parties.”

Interested parties are encouraged to contact FRP as soon as possible.

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