Bob Maxwell and Rob Sadler of Begbies Traynor were appointed as joint administrators of Agricultural Contract and Marketing Company (ACMC) Ltd on Monday.
The company supplies genetically-advanced breeding stock to farmers all over the world.
A family business established in 1990, ACMC is known as a leader in the world of pig genetics and employs 35 staff.
In a statement issued today, Begbies Traynor, said the company is continuing to trade in administration “in order to sell the business as a going concern and maximise the return to creditors”.
Anyone interested in acquiring the business should contact the administrators on 0113 244 0044 or the agents, Leonards on 01482 375212.