Last minute sale falls through for Max Brenner
The last minute sale of chocolate chain Max Brenner to investment firm Tozer & Co has fallen through, according to liquidators BDO.
Yesterday saw the chocolate chain thrown a lifeline from brothers David and Craig Tozer. However, today the BDO's business restructuring partner Andrew Sallway said the deal was not going ahead.
“We will continue to trade the company whilst we explore options with the licensor, Max Brenner Industries Ltd, regarding the Max Brenner brand in Australia," Salloway said. "Today it is business as usual.”
Sheridan Randall, 19th October 2018
