South Australian dairy producer Beston Global Food Company goes into voluntary administration

  • 📰 7NewsMelbourne
  • ⏱ Reading Time:
  • 22 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 59%

News 뉴스

Business,Agriculture,Business

7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.

South Australian dairy producer Beston Global Food Company said it had experienced “a perfect storm of adverse events” prompting it to go into voluntary administration. The company is one of the largest exporters of dairy products from South Australia, employing 159 people in the state. It is well known for award-winning cheese products, whey, and high purity lactoferrin protein that is sold to pharmaceutical and health nutraceutical companies.

” There are fears Beston Global Food company’s collapse could devastate local dairy farmers, who may also be forced to close down as a result. The South Australian Dairyfarmers’ Association said several farmers were owed more than $600,000 each. Accounting firm KPMG was appointed voluntary administrator of the company and said business would continue as usual until recapitalisation was completed, or a sale secured.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 18. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

South Australian dairy Beston Global Food Company goes into voluntary administrationAbout 22 farmers and 159 workers at the company's Jervois and Murray Bridge sites will be affected by the development.
출처: abcnews - 🏆 5. / 83 더 많은 것을 읽으십시오 »