Utopia Distribution Services - Administration

Utopia Distribution Services, a physical entertainment distributor, had its business and assets purchased out of administration by supply chain solutions provider DP World Logistics UK via a pre-pack deal.

Utopia is a core part of the UK’s physical music and home entertainment sectors, shipping more than 30 million units (CDs, DVDs, vinyl) from its Bicester warehouse annually and handling over 60% of the UK’s physical musical entertainment product.

Mark Supperstone and Ben Woodthorpe of Evelyn Partners were appointed joint administrators on 13 December after the company encountered difficulties. Immediately following the appointment, a sale was completed to DP World. DP World intends to continue running the Bicester site and operations, and it is expected that all employees will retain their jobs.

The company was assisted by Pinsent Masons.