Australian Dessert Brand Sara Lee Goes into Voluntary Administration The iconic Australian confectionary company Sara Lee, known for its frozen cheesecakes, crumbles, and ice cream, has announced that it has entered voluntary administration. The company has appointed FTI Consulting as the voluntary administrator, with the aim of either selling or restructuring the business. This decision […]
Sara Lee Goes into Voluntary Administration in Australia Background After a 50-year run in the Australian market, Sara Lee Holdings, the renowned manufacturer of frozen desserts, has announced that it is entering voluntary administration. The company, which originated in the United States, began manufacturing its products in Lisarow, New South Wales in 1971. Sara Lee […]
Sara Lee Goes into Voluntary Administration in Australia After 50 years of manufacturing frozen cheesecakes, pies, crumbles, and ice cream in Australia, Sara Lee Holdings has announced that it is going into voluntary administration. The decision comes as a surprise to many, as Sara Lee is an iconic brand known for its high-quality products. Background […]
Companies Retail Frozen out: Sara Lee calls in administrators In a surprising turn of events, the iconic frozen baked goods and desserts brand, Sara Lee, has called in the administrators. The company has hired FTI Consulting to either sell or restructure the business, with the aim of keeping its manufacturing presence alive in Australia. Owned […]
