Sara Lee

Key points: Vaughan Strawbridge, Kathryn Evans and Joseph Hansell of FTI Consulting have been appointed as voluntary administrators; The administrators are ...

The PE-backed frozen baked goods and desserts brand has appointed FTI Consulting to sell or restructure the business.

Administrator Vaughan Strawbridge seeking to sell or restructure confectionary company active since 1971.

Two years after McCain Foods sold the Sara Lee business in Australia, the frozen desserts supplier has gone into administration.

Stunned Aussies have shared their shock at the news that iconic dessert brand Sara Lee has plunged into administration after 52 years. Michelle Bowes.

Sara Lee, popular for its frozen cheesecakes and apple crumble, has gone into voluntary administration.

While there's uncertainty around the major dessert brand, its factory in NSW appeared to be in full swing this morning.

The business was established in the USA in the 1970s, but has recently faced inflationary pressures, and problems with suppliers in Australia.

Iconic dessert brand Sara Lee has collapsed and went into voluntary administration after over 50 years of manufacturing sweet treats.

Sara Lee's Australian business was established in Lisarow, NSW, in 1971 and has a long history of producing home-grown desserts, including frozen cheesecakes, ...

Australia-based dessert brand Sara Lee - best known for its sweet treats like cheesecakes, ice cream and pound cakes - has gone into voluntary ...

Sara Lee, the Australian dessert brand celebrated for its frozen delights such as cheesecakes, pies, and ice cream, has entered voluntary administration. This ...

Some fans blamed stubborn inflation and soaring energy prices for the collapse, others said the firm was in financial trouble from bad management.