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SA dairy Beston Global Food Company goes into voluntary administration

Summary by ABC Australia
About 22 farmers and 159 workers at the company's Jervois and Murray Bridge sites will be affected by the development.

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ABC AustraliaABC Australia

SA dairy Beston Global Food Company goes into voluntary administration

About 22 farmers and 159 workers at the company's Jervois and Murray Bridge sites will be affected by the development.

·Australia
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stockjournal.com.austockjournal.com.au

Beston placed into voluntary administration, as Megmilk Snow withdraws

Financial burdens force Beston Global Food Co to appoint KPMG as administrators. Company seeks recapitalisation or acquisition.

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dailyadvertiser.com.audailyadvertiser.com.au

Wagga's paint and sip centre safe amid voluntary administration

Seven centres go into voluntary administration but Pinot & Picasso Wagga continues to operate as usual, unaffected by closure.

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just-food.comjust-food.com

Australia’s Beston Global enters voluntary administration

Beston Global has gone into voluntary administration as a deal that might have saved the Australian dairy business has fallen through.The post Australia’s Beston Global enters voluntary administration appeared first on Just Food.

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Inside FMCGInside FMCG

‘Perfect storm’: Beston Global Food enters voluntary administration

ASX-listed Beston Global Food Company has entered voluntary administration, with the administrators pursuing recapitalisation or a sale of the business. Beston is a major processor in the Australian dairy industry with two production facilities in South Australia processing butter, milk, mozzarella, and certain other cheeses. The company has appointed KPMG’s Tim Mableson, James Dampney, Gayle Dickerson and David Kidman as voluntary administrator…

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