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Herb farm Freshzest goes into administration putting jobs in limbo

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A herb farm which provides and packs herbs for main supermarkets has gone into voluntary administration.

Freshzest and affiliated firm Spicezest had been positioned into administration by director and proprietor Robert Hayes final month, placing 60 jobs in danger and leaving greater than 100 different collectors out of pocket.

The businesses have farming operations close to Lismore, within the Northern Rivers area of New South Wales in addition to Koonwarra in Victoria’s South Gippsland.

Melbourne insolvency firm, Corridor Chadwick has been appointed because the directors of the businesses, and held the primary collectors assembly final week.

The herb enterprise provided Woolworths with Woolworths-branded recent herbs, in addition to to unbiased grocery store IGA.

In addition to rising its personal herbs it additionally purchased and packed herbs from different farmers to provide supermarkets throughout Australian states excluding Northern Territory and Western Australia.

Staff and collectors out of pocket

Gaurav Mishra, a Senior Affiliate at Corridor Chadwick, stated they had been working with 60 workers who had been probably owed entitlements.

Mr Mishra supplied no estimate of the entitlements that workers had been owed and didn’t say if these can be paid to the staff in full.

It’s understood that 23 of the 30 workers on the Pound Creek herb farm in Gippsland, Victoria have been stood down, and have obtained letters from the administrator informing them that the corporate had gone into voluntary administration.

Mr Mishra stated that along with workers being owed entitlements, roughly 96 unsecured collectors had been additionally concerned with the struggling herb enterprise, being owed a mixed $480,000.

A further 16 secured collectors had been additionally owed funds; nevertheless, Mr Mishra stated Corridor Chadwick didn’t have an estimate on what this determine was.

Struggling enterprise up on the market

“We’re within the strategy of conducting an investigation and can have one other creditor assembly in three weeks’ time,” Mr Mishra stated.

ABC contacted Freshzest for remark, however the firm declined to remark past what Corridor Chadwick had communicated.

Woolworths and IGA had additionally not supplied a remark on the time of publication.