Original article by Jessica Yun
Brisbane Times – Page: Online : 30-Jan-24

FTI Consulting received approaches from about 60 local and international parties about buying the Australian arm of Sara Lee. The administrators of the frozen desserts brand has struck a deal to sell the business to Klark and Brooke Quinn for an undisclosed price. The Quinn family had previously bought collapsed confectionary icon Darrel Lea and turned around its fortunes before selling the business to a private equity firm. Sara Lee went into voluntary administration in October 2023.

CORPORATES
SARA LEE AUSTRALIA PTY LTD, FTI CONSULTING PTY LTD, DARRELL LEA CONFECTIONERY COMPANY PTY LTD