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Liquidators have been appointed to oversee the administration of one of New Zealand’s largest apple growers after it went into voluntary administration owing millions.
Hawke’s Bay-based Kiwi Crunch was placed into administration this week. It is the sole shareholding company in Crasborn Fresh Harvest Limited, which was put into liquidation on July 3.
The action was initiated by the Inland Revenue Department over almost $20 million in unpaid taxes and penalties it was owed.
Associate Judge Helen Wild granted the order, stating there was no option after the company had sought more time to secure finance for debt repayment.
The New Zealand Gazette records that Kristal Pihama and Leon Bowker…