Economy

San Marino smallgoods and Black Opal Licorice fold

Cara Waters /

Two more family food businesses have collapsed with both smallgoods producer San Marino and confectioner Black Opal Licorice advertising sales today. 

The intellectual property of San Marino is for sale comprising two registered trademarks and Italian smallgoods recipes alongside the company’s plant and equipment. 

The sale follows the appointment of Ferrier Hodgson as receivers and manufacturers in January.

San Marino’s website describes it as a family business run by the Marino family which created Italian smallgoods and prosciutto in Adelaide.

Administrators have also been appointed to the confectionery company Black Opal Licorice Australia and Black Opal IP, with Frasers Insolvency Advisers seeking expressions of interest for the sale of the business.

Black Opal started as a family confectionery business in 1995 and sells liquorice and marshmallow products both locally and worldwide with both UK and Australian websites.

The administrator is selling the company, plant and equipment, stock and packaging.

Ferrier Hodgson and Frasers Insolvency Advisers were contacted this morning by SmartCompany but a reply was not available prior to publication.

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Cara Waters

Cara Waters is the former editor of SmartCompany. Previously, Cara was a senior reporter at the Financial Times website FT Adviser in London and she also worked for The Sunday Times in London.

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