Administrators for Golden Wonder have announced an affiliated company of the Tayto (NI) Group as the preferred bidder for the troubled snack firm.

Joint administrators Peter Holder, Adrian Worlstenholme and Gary Squires are hopeful for a deal to be announced in the next two to three weeks.

The preferred bidder was chosen from a shortlist of three who showed interest in acquiring the entire Scunthorpe operation as a going concern.