According to vegetable industry body AUSVEG, the sale of Australia's largest fresh potato supplier should give growers confidence after months of uncertainty, reports abc.net.au. South Australian-based Oakville Produce went into voluntary administration in May.
Deloitte Restructuring Service partners Vaughan Strawbridge, David Lombe and Tim Heenan were appointed joint receivers and managers of the Oakville Produce group of companies.
In a statement to ABC Rural, a Deloitte spokesman said all Oakville assets had now been sold.
The spokesman said that as of September 23, South Australian fresh produce company the Mitolo Group had taken control of all South Australian-owned farms, as well as packaging businesses in Brisbane, Melbourne and Sydney.
The completion of the sale of Oakville-owned farms in New South Wales to another buyer is expected in November.
The Mitolo Group is a potato and onion packing company with more than three decades of experience in fresh produce.
AUSVEG spokesman Jordan Brooke-Barnett said the Mitolo Group was an "established force within the industry".
"The positive news here is that there seems to be a plan moving forward for the growers growing those varieties," he said.
