According to a previous Herald report, Olivado had an unsuccessful expansion to Queensland, then went to Kenya, where investor Alan Mountfort was shot in the early 2000s.
Kaitāia-based avocado packer Far North Avocado Suppliers Limited operated an avocado pack house in Northland.
Liquidator Garry Whimp told the Herald Olivado owed the suppliers some money but did not say how much.
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“The whole industry’s experienced problems. Cash flow’s been squeezed. It’s a supply-and-demand sort of situation.”
He said people involved in the avocado companies were doing the best they could.
In 2020, avocados were…
