West Pack finds buyer and saves 1,100 jobs
Private investor purchases businesses and assets to conclude a successful rescue in six months
11 November 2024 - 05:00
West Pack Lifestyle says a private buyer has purchased its businesses and assets, safeguarding more than 1,100 jobs across its corporate and franchise stores.
After publishing its business rescue plan, which included a corporate finance process aimed at selling the business or finding alternative funding to keep it afloat, 35 potential buyers were approached with 18 expressing interest, said Fluxmans Attorneys director Craig Blumenthal...
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