KordaMentha KordaMentha is an Australian advisory and investment firm that provides specialist forensic, real estate, turnaround / restructuring and investment management services. The business was formed in April 2002 by Mark Korda and Mark Mentha. Located at
Level 24, 333 Collins Street, Victoria, Australia.
Phone: +61 3 8623 3333

SME Going Concern Sale - Manly Ocean Foods

We are pleased to announce that Rahul Goyal in his capacity as Receiver and Manager has negotiated and completed the sale of Manly Ocean Foods as a going concern.

“Rahul started with KordaMentha on 1 October 2013 as the SME specialist in the Sydney office. The sale of this small business is a great result and also highlights KordaMentha’s capability to handle any size of matter. Rahul has a strong ability to efficiently trade on small businesses and get results from either business sales or smart and effective wind-downs.” said Sydney Managing Partner and joint Receiver, Mr David Winterbottom.
 
The sale was on a walk in walk out basis and all the employees retained their employment with a good return to the secured creditor. Importantly, the business was traded at profit during the receivership.
 
For more information, please contact our local experts:

 

 

 

rgoyal_BW_Web headshot

Rahul Goyal

Executive Director

Sydney, NSW

+61 2 8257 3003

rgoyal@kordamentha.com


David Winterbottom BW_Web head shot

David Winterbottom

Partner

Sydney, NSW

+61 2 8257 3000

dwinterbottom@kordamentha.com

 

 

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