Australias Nourish Foods has been snapped up by Tempo Group of Companies after entering voluntary administration earlier this year.
The healthy kids snacks business hired administrators last month due to a lack of working capital.
Financial details were not disclosed.
John McInerney and Matt Byrnes of accounting firm Grant Thornton were hired to find a buyer for Nourish and confirmed Tempos purchase.
A spokesperson said: We are pleased to advise that on 5 October 2023 the business of Nourish, associated brands and related IP were sold to Tempo Group of Companies, who is the new owner and operator of the Nourish brand and its business.
As receivers and managers, we are pleased to have been able to support t…
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