A Co Meath company intending to scale up the production of agricultural inputs from insects this year has gone through the Small Company Administrative Rescue Process (Scarp), a simplified insolvency procedure. Toggam Enterprises Ltd, trading as Hexafly, notified the appointment of Dessie Morrow of Azets Ireland as Scarp process advisor on May 17. Neither Morrow nor company founder and chief executive Alvan Hunt have responded to queries from The Currency. Following the publication of an earlier version of this story, the company issued a further notification reporting that a rescue plan had been approved following meetings of its shareholders and…

Want to continue reading?

Introductory offer: Sign up today and pay €200 for an annual membership, a saving of €50.

Subscribe

Cancel at any time.

Are you already a member? .