Proform Foods, Australias first commercial plant protein manufacturer whose investors include Twiggy Forrests Harvest Road, has gone into voluntary administration.
The Proform group of companies will continue to operate as normal while administrators Gayle Dickerson and James Dampney from KPMG Australia assess the business.
The companies subject to administration are Proform Food Group Pty Ltd, Proform Innovation Pty Limited, Proform Gourmet Pty Limited, and Proform Foods Pty Limited.
Proform produces and markets a range of alternative meat products made with plant proteins under its own retail meat brand Meet.
The administrators have assumed day-to-day control of the group while a rapid assessment of the business is undertaken.
KPMG Aus…
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