News / More than 350 jobs will be lost as EVCL Chill enters administration

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EV Cargo’s cold chain subsidiary, EVCL Chill, has declared bankruptcy, with accountancy firm PwC appointed administrator.

The company employs 1,092 staff and operates 374 trucks and 432 trailers across six distribution centres, supporting food distribution across the UK for major food retailers such as Sainsbury’s and Asda.

In 2020, it earned revenues of £167m ($229m) and was “cash-generative”, however a combination of fewer customers and soaring driver costs this year has forced it into administration.

“EVCL Chill has struggled with a loss of ...