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cedenco

Cedenco liquidators raise judge's ire for using NZ data in Aust wind-up

Dim view taken of the liquidators' use of a transcript interview without approval.

Cedenco in receivership

US-owned Hawkes Bay fruit and vegetable processor Cedenco Foods is in receivership and is likely to be sold.

Michael Stiassny and Brendon Gibson of KordaMetha were appointed as receivers.

In May, Cedenco’s parent company, SK Foods LP in the United States, was preparing to start voluntary Chapter 11 bankruptcy.

Mr Gibson said while the business would be sold it was continuing to operate with the support of funding from ANZ National.