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Cherri Global, a major New Zealand cherry grower, filed for liquidation, owing over $40 million.
Cherri Global, a major New Zealand cherry grower, entered liquidation on March 8, owing over $40 million to creditors.
The company faced difficulties after Cyclone Gabrielle and failed to secure new funding for orchard development, leading to the sale of its assets and cessation of operations in November 2024.
The liquidators are currently unable to estimate when creditors might receive payments.
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Cherri Global, uno de los principales productores neozelandeses de cerezas, presentó una demanda de liquidación, por más de 40 millones de dólares.