- Main meals firm went bust
- Some 500 jobs are in danger consequently
A farming enterprise with operations throughout Australia has entered voluntary administration, placing some 500 jobs in danger.
HS Recent Meals, which specialises in contemporary salads, ready-made meals, snacks, food-to-go and pre-prepared greens merchandise, collapsed on June 14 with FTI Consulting directors Vaughan Strawbridge, Joanne Dunn and Ben Campbell introduced in to restructure the troubled firm.
The corporate’s manufacturers embrace Houston’s Farm, Sunfresh and Gourmand Picks, with its merchandise shipped to main retailers together with Coles and Woolworths.
Based on its LinkedIn profile, the corporate has between 500 and 1000 staff.
In an announcement on Monday, the directors stated they’d to hunt to restructure or promote the enterprise whereas persevering with operations, which suggests the agency will proceed to commerce and staff will maintain their jobs through the administration course of.
A farming enterprise with operations throughout Australia has entered voluntary administration, placing some 500 jobs in danger
‘We’re working with HS Recent Meals Group’s administration staff and workers, and different stakeholders to proceed operations whereas we safe the way forward for the enterprise,’ Mr Strawbridge stated.
‘A sale course of for the enterprise and property of the HS Recent Meals Group was undertaken and in superior phases on the time our appointment. We intend to proceed this course of, whereas exploring all accessible choices, and are assured of finishing a sale and/or recapitalisation of the enterprise in an expedited timeframe with the help of all related stakeholders.’
The corporate began out in Tasmania as Houston’s Farms earlier than increasing to operations in NSW, South Australia, Queensland and WA.
The corporate’s manufacturers embrace Houston’s Farm, Sunfresh and Gourmand Picks, with its merchandise shipped to main retailers together with Coles and Woolworths
