Provisional liquidators appointed to food truck provider over potential “life threatening implications”
Provisional liquidators have been appointed to food-truck business Reward Catering over “significant concerns” that the Irish company exported hundreds of vehicles to the European market without the proper design and safety certification. Swedish publicly-listed firm Teqnion paid €8.2 million in September 2022 to acquire the family-run customised mobile food truck and trailer provider (renamed Sunward Holdings Ltd). Now it has stepped in to pull the plug on its own business, having withdrawn all financial support. The buy-out has not been a happy affair. Matters came to a head on March 31 last when CEO Kevin Ward was suspended from his…
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