Receivers appointed to Farmer Charlies storesDOWNLOAD
|Farmer Charlie Group Pty Ltd||ACN: 112 205 964|
|Farmer Charlie Stores Pty Ltd||ACN: 113 790 926|
|FC Grocery Pty Ltd||ACN: 113 790 300|
|FC Produce Pty Ltd||ACN: 114 328 148|
|(All Receivers & Managers Appointed)|
Deloitte partners Simon Cathro and David Lombe were appointed Receivers and Managers on 2 October 2009 to the three Farmer Charlies stores located in Lismore, Ballina and Evans Head.
The Receivers are looking to trade the separate businesses normally in order to preserve the long term viability and value of these stores. It is the intention of the Receivers to offer the businesses for sale as a going concern.
“Employees of these stores have been notified of the appointment and will continue to be employed on a “business as usual basis,” says Mr Cathro.
Mr Cathro said that the Receivers are undertaking a full review of the financial position of the business. He said that advertising for the sale of the businesses will commence next week.
For further information
All creditors’ accounts have been frozen. A circular has been sent to creditors, but further creditors enquiries should be directed to Alexander Bye on +61 (0) 2 9322 3336.