New Zealand fresh-produce supplier Speirs Foods has been placed into voluntary administration.
In a statement today (22 September), the company's majority owner, Speirs Group, confirmed the appointment of Jessica Kellow and Iain Shephard from BDO Wellington as joint and "several administrators".
The appointment covers both Speirs Foods and Speirs Foods General Partner Ltd. with immediate effect, according to the statement.
Based in Marton, the business produces and distributes fresh foods, mainly salads, to supermarkets and foodservice customers across New Zealand.
It has traded for more than 50 years and employs up to 60 staff.
The decision follows a request by the company's directors on 16 September for the secured lender to appoint a receiver.
After discussions with the lender and legal counsel, the directors resolved to enter voluntary administration.