Sara Lee Goes into Administration: Iconic Frozen Dessert Company Crumbles in Australia After 50 Years
October 24, 2023 | 1 min to read
Sara Lee, the iconic Australian frozen desserts company beloved for its apple pies, cheesecakes, and ice cream, has entered administration, endangering 200 jobs. The firm, a family favorite for over 50 years, has appointed Vaughn Strawbridge, Kathryn Evans, and Joseph Hansell of FTI Consulting as voluntary administrators, who are currently seeking a buyer to secure its future.
Iconic frozen desserts company Sara Lee has collapsed into administration, putting 200 jobs at risk.
The Australian firm, famous for its frozen treats including apple pies, cheesecakes and ice cream, has been a family favourite for more than 50 years.
Vaughan Strawbridge, Kathryn Evans and Joseph Hansell of FTI Consulting have been appointed as voluntary administrators for Sara Lee, and are looking for a buyer.
To read the rest of the story, please go to: DAILY MAIL AUSTRALIA