Thomas Foods Buys Mondello Farms02 September 2013
AUSTRALIA - Australian family-owned meat processing company, Thomas Foods International, has bought troubled potato processor Mondello Farms.
The business that went into receivership in March was sold as an on-going concern, with settlement expected to occur immediately, according to the receivers
A report in the Weekly Times Now said the amount paid for the business has not been revealed.
Mondello Farms is a wholesaler of processed potatoes and employed about 140 people in its South Australian and Victorian plants.
When it went into receivership in March and positions reduced to about 110 jobs.
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