Australian agribusiness HS Fresh Food, known for its fresh salads, ready-made meals, and pre-prepared vegetable products, has entered into voluntary administration, impacting around 500 jobs. The company, which operates under brands such as Houston’s Farm, Sunfresh, and Gourmet Selections, and supplies to major retailers like Coles and Woolworths, appointed FTI Consulting administrators Vaughan Strawbridge, Joanne Dunn, and Ben Campbell on June 14 to lead the restructuring efforts. Despite the administration, operations will persist, aiming to secure the company’s future either through restructuring or sale, thereby retaining positions for the workforce during this period.
“We are working with HS Fresh Food Group’s management team and…
Read the full article at: https://www.freshplaza.com/asia/article/9637554/australian-farming-business-hs-fresh-food-enters-voluntary-administration/
