Potato chip manufacturer placed into administration

Thursday, 24 July, 2014


Australian potato chip manufacturer Potato Magic Australia has been placed into administration. The Griffith company supplies potato chips to diet food providers.

PPB Advisory has taken over administration of the company, ABC News has reported. The administrator is seeking a buyer for the business.

The operations of the company have been licensed to owner Paul Rennie so the company can continue to operate and service clients, according to ABC News. Rennie is reportedly being investigated by the Australian Tax Office and the Australian Federal Police for an alleged offshore tax evasion worth millions of dollars.

With an annual turnover of $1.2 million, Potato Magic Australia employs four permanent and 12 part-time staff.

Related News

Reducing foodborne Campylobacter by 20% by 2025 in NZ

New Zealand Food Safety has set a new goal to work with industry to reduce foodborne...

'Whiskey webs' — a fingerprint for spirits

A team of US scientists has uncovered distinctive 'whiskey webs' which could someday be...

Disinfection system for delivery trucks

A manual vehicle disinfection system provides a modular solution that disinfects vehicles...


  • All content Copyright © 2020 Westwick-Farrow Pty Ltd