Beloved dessert company Sara Lee, known for its frozen cheesecakes, apples pies and ice cream, has gone into voluntary administration.
The Australian-arm of the US-based corporation has been trading since 1971, with the brand operating from Lisarow on NSWs Central Coast.
Administrators Vaughan Strawbridge, Kathryn Evans and Joseph Hansell of FTI Consulting say business operations will continue as the company seeks a restructuring and sale of the Sara Lee business.
The Australian Sara Lee business has a long history of producing desserts including frozen cheesecakes, pies, crumbles and ice cream, using quality, authentic ingredients, Mr Strawbridge said.
The Australian-based manufacturing business trades as Sara Lee under licence from the…
Read the full article at: https://www.news.com.au/finance/business/retail/beloved-dessert-company-sara-lee-goes-into-administration/news-story/4e8ac38de027223b769b0b938f25f39a