date:Dec 07, 2012
t of the sale process, Sarantinos added.
Gourmet Food, the producer of leading Australian sauce brand Rosella, was placed into receivership on 30 November 2012. The company had failed to pay the debts it owed to creditors, including nearly A$50m ($52.34m) to National Australia Bank (NAB).
Ferrier Hodgson partners Steve Sherman, Jim Sarantinos and John Lindholm were appointed as receivers.
Gourmet Food owns Rosella, an Australia-based manufacturer of sauce, spice and chutney; Pitango, a New Ze