Antipasto manufacturer Pronto e Fresco in voluntary administration

Melbourne-based antipasto manufacturer Pronto e Fresco has entered voluntary administration.

SmartCompany reports that Pronto e Fresco Pty Ltd has been operating for more than 15 years, supplying antipasto products such as semi-dried tomatoes, olives and grilled vegetables to major Australian supermarkets, wholesale and retail customers.

Receivers and managers from McGrathNicol have commenced a sale campaign for the company and two related entities, The Australian Antipasto Company Pty Ltd and Cumpa Imports Pty Ltd, which collectively form the Pronto Group.

The Pronto Group’s business and assets are for sale, including its food processing facility in Broadmeadows.

The group, which has an annual turnover between $15-20 million, currently employs 70 people and is continuing to trade throughout the voluntary administration process. The receivers hope to stabilise the business and sell it as a going concern.