 In October 2016, following the loss of contracts, which included Kew Gardens and the British Library, Peyton & Byrne went into administration and was acquired by Sodexo, the French multinational corporation, but Peyton and 460 staff were reportedly remaining with the company.On 8 February 2013, when responding to questions on Channel 4 News about the quality of supermarket meat products, and referring to the Irish meat industry, Peyton stated Ireland was "an airport for meat".Furthermore, he said that he would never buy Irish beef, claiming that meat labelled as Irish was probably sourced in Indonesia.