Privately-owned PM Fresh to buy collapsed national food manufacturer HS Fresh Food

Headshot of Cheyanne Enciso
Cheyanne EncisoThe West Australian
HS Fresh Food, which supplies ready-made deli foods and salads to supermarkets, went bust in June.
Camera IconHS Fresh Food, which supplies ready-made deli foods and salads to supermarkets, went bust in June. Credit: The Nightly/monticellllo - stock.adobe.com

The administrators of collapsed national food manufacturing business HS Fresh Food have found a buyer, potentially saving hundreds of jobs.

Tasmania-headquartered HS Fresh — which provides ready-made deli foods and salads to major supermarkets including Woolworths, Coles and IGAs — appointed Vaughan Strawbridge, Joanne Dunn and Ben Campbell from FTI Consulting as administrators in June.

The trio on Thursday announced they had signed an agreement earlier in the week to sell the business to privately-owned fresh food producer PM Fresh.

HS Fresh has operations in Queensland, South Australia, Tasmania, WA and NSW and is behind brands Houston’s Farm, Sunfresh, Gourmet Selections and HS Fresh Farms.

HS Fresh will continue to operate under the control of administrators until completion of the sale, expected to occur at the end of the month.

“The sale process resulted in a number of expressions of interest and non-binding indicative offers being received, but the PM Fresh offer was the best offer received,” the administrators said in a statement.

According to its LinkedIn profile, HS Fresh has between 500 to 1000 employees. But while employees had been informed of the sale, it is not yet known how many will be offered future employment until transition plans are finalised.

At the time of their appointment, the administrators said HS Fresh was a “leading player in the food industry with national coverage and one of the broadest sets of growing and processing capabilities within the fresh food sector”.

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