Administrators have been appointed at AMT Coffee Limited, with 18 sites to close with immediate effect and 22 sites sold to SSP Group.

Nick Holloway and Will Wright from Interpath Advisory had been appointed as joint administrators, with the business and assets of AMT sold to SSP.

The sites transferred as part of the deal will continue to trade under the AMT Coffee brand name. Around 200 employees will also transfer across to SSP.

Sam Birchall, director at Interpath Advisory who led the transaction, commented: “AMT Coffee is a familiar name to many commuters and travellers across both the UK and Ireland, so we are pleased to have concluded this transaction with such a well-established operator in SSP Group, safeguarding the future of the brand as well as a significant number of jobs.”

Earlier this week AMT had confirmed that it was working with advisors at Interpath to “explore options” to safeguard the future of the business.

It had been reported in The Sunday Times that the business was poised to collapse after being hit by the move to working from home, with the company lining up Interpath to put it into administration.

“Last week, [we] filed court documents that will help us in progressing a transaction, which we’re confident we’ll be able to deliver,” managing director Matthew Cundrick had said. “In the meantime, it’s very much business as usual.”

Nick Holloway, managing director at Interpath Advisory and joint administrator, added: “The pandemic and broader economic headwinds have made this a particularly tough period for those working across the UK hospitality industry. Our priority as joint administrators will be to provide support and assistance to those impacted by redundancy.”

Approximately 100 staff across the sites that will close and AMT’s head office staff have been made redundant.

AMT operates sites at airports, rail hubs, hospitals and other locations across the UK and Ireland.