An English poultry company is meeting today with representatives of Cappoquin Chickens to discuss a possible rescue bid.
Derby Poultry Products who considered buying a share in the Company two months ago is understood to be interested in a takeover.
Representatives of the company will meet with the liquidator and former management of Cappoquin.
Cappoquin Chickens is one of the largest private sector employers in west Waterford.
With 150 full time and 100 seasonal workers, closure of the company will bring serious economic hardship to many families in the area.
The company has debts of at least €7 million, leading to the appointment of a liquidator last weekend.
It is believed that if a buyer for the company is not found within the next fortnight, the closure option will loom large.
