Nov 16
It’s happened. Golden Circle, Australia’s fruit processing company, has signed a $120 million finance agreement with GE Commercial Finance.
This will reduce debt and support the recent restructure.
Established in 1947, Golden Circle manufactures over 500 products including shelf stable fruit and vegetables, fruit juices, drinks, cordials and jams.
Queensland-based farmers supply Golden Circle with more than 180,000 tonnes of fruit and vegetables each year.
Due to rising input costs Golden Circle has faced several challenges over a four-year period.
