WILMINGTON, Del. — Omtron USA LLC, which last year acquired some of the assets of bankrupt Townsends Inc., recently filed for Chaper 11 protection in Wilmington, Del.
Court documents listed assets of $10 million and debts of $50 million. Omtron USA, based in North Carolina, is a subsidiary of Ukrainian egg and egg-product producer Agroholding Avangard.
Ukrainian billionaire Oleg Bakhmatyuk owns Omtron. He closed Townsends’ North Carolina operations in Siler City and Mocksville last year and laid off more than 1,100 workers. Omtron purchased Townsend’s operations for about $24.9 million, which included processing plants, hatcheries and feed. . .
Register or Login to keep reading
Thank you for your interest in accessing the complete content. To continue reading, please register for free. By registering, you'll gain full access to our valuable resources, updates, and insights.
If you already have an account please Log In.
