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Independent Australian beverage company enters administration
date:Jun 24, 2014
Private Branded Beverages together with Rose River Beverages, Summertime Fruit Juices and Summertime Asset Management have a combined turnover of $20 million and appointed administrators, PPB Advisory are now seeking expressions of interest to recapitalise the business or sell its assets as a matter of urgency.

According to Smart Company, Private Branded Beverages has not traded for a number of months and was in the process of attempting to raise capital to avoid closure.

It is understood that

12/25 04:53