One of Australia’s most iconic family-owned businesses, Spring Gully Foods, has been forced to shut its doors, leaving behind millions of dollars of debt and dozens of workers without a job.
With $3.8 million of debt, the South Australian company has entered administration and ceased trading.
The move leaves 34 employees without a job.
It’s the second time in just over a decade that the fourth-generation food manufacturer has faced administration.
The company, which has been a fixture in South Australian pantries for 80 years, attributed the closure to recent financial…