HS Fresh Food, which has four businesses under its umbrella along with over 500 employees, has entered into administration.
The businesses that make up HS Fresh Food are HS Fresh Food Pty Ltd, HS Fresh Food Holding Pty Ltd, HS Fresh Farms Pty Ltd, and HS Salads Pty Ltd, with several brands under its banner, including Houston’s Farm, Sunfresh, and Gourmet Selections.
Starting as Houston’s Farm in Tasmania, HS Fresh Food now has a national footprint with operations in Queensland, South Australia, Tasmania, Western Australia, and NSW, and is a leading player in the food industry with one of the broadest sets of growing and processing capabilities in the fresh food sector.
Joanne Dunn, Vaughan Strawbridge, and Ben Campbell of FTI Consulting have been appointed administrators and intend to seek a restructuring and/or sale of the business while continuing operations.
“A sale process for the business and assets of the HS Fresh Food Group was undertaken and in advanced stages at the time our appointment. We intend to continue this process, whilst exploring all available options, and are confident of completing a sale and/or recapitalisation of the business in an expedited timeframe with the support of all relevant stakeholders,” said Strawbridge.
The vertically integrated, multi-branded, and Australian-owned food producing and processing business specialises in fresh salads, bagged salad leaves, deli products, ready-made meals, and pre-prepared vegetables, which it supplies to a range of major supermarkets, including Drakes, IGA, Romeo’s, Foodland, Woolworths, and Coles.
To stay up to date on the latest industry headlines, sign up to the C&I e-newsletter.