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Thomas Foods Buys Mondello Farms

02 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.

TheMeatSite News Desk

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