date:Sep 04, 2012
Darrell Lea, which operated company-owned stores and sold confectionery products to network of 1,200 licensed retailers, wholesalers and exporters, entered into administration in July 2012, following a cash-flow crisis. The company had appointed PPB Advisory as voluntary administrators of the business.
With the acquisition, the Quinn family plans to restructure Darrell Lea operations, by focusing on its manufacturing and distribution capabilities to facilitate a greater access to the brands for