AUSTRALIA – Poultry Processor to Close – May 31, 2011

AUSTRALIA – Western Australian poultry processor Finesse Foods is to close its plants with the loss of 130 jobs.

The company went into administration in November last year, but attempts to find a buyer for the Bunbury chicken processing plant and Dardanup abattoir have failed.

A report on Perth Now said the receivers, Deloitte, had confirmed that the processing plant which is being run by Goldfin Enterprises will be scaled down before full closure.

The abattoir which is being run by Goldlevel Enterprises is to continue operation for a few more weeks than the processing plant.

Dermott McVeigh from Deloitte told Perth Now: “Despite our best efforts, we have been unable to negotiate a successful sale of the business with a prospective buyer, and given the ongoing financial losses incurred, there is no alternative but to immediately scale back operations before closing the business.”

Information ThePoultrySite News Desk

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