An investigation by the American FBI preceded the calling in of receivers at Australia’s largest tomato processor – Cedenco Foods Australia, but reports suggest the probe was related to a trust with links to the company rather than Cedenco itself. Located in the town of Echuca, Cedenco operates the largest tomato-processing factory in the southern hemisphere. Earlier this year a company owned by their US owner filed for bankruptcy but Cedenco said at the time that their business was still... ...Read more »

Cedenco Foods Australia has been placed in the hands of receivers but will remain in operation pending a sale of the business. Located in the town of Echuca, the company operates the largest tomato-processing factory in the southern hemisphere. Earlier this year a company owned by their US owner filed for bankruptcy but Cedenco said at the time that their business was still performing well. However, “a breakdown in governance and ownership issues in the related New Zealand entity” –... ...Read more »