Melbourne-based maker of antipasto products Pronto e Fresco entered voluntary administration on Wednesday and is up for sale.
Smart Company reports that the 100 per cent Australian-owned company, which was established in 2000, produces vegetable products including semi-dried tomatoes, roasted peppers, grilled mushrooms, grilled eggplant, grilled pumpkin and other unique char-grilled and marinated vegetables.
Pronto e Fresco counts the major Australian supermarkets as well as caterers, hospitals, universities, restaurants and hotels among its customers.
Andrew Yeo and David Vasudevan of Pitcher Partners have been appointed as administrators to the business and Keith Crawford and Thea Eszenyi from McGrathNicol have commenced a sale campaign.
The company owns a manufacturing facility and plant in Broadmeadows which will be included in the sale. It currently employs 70 workers and will continue to trade through the voluntary administration process.
Smith told SmartCompany it is too early to specify the factors that lead to the business entering voluntary administration.
Image: Pronto e Fresco