Coast Community News #424

Page 1

1 FEBRUARY 2024

ISSUE 424

INDEPENDENT LOCAL NEWS • COASTCOMMUNITYNEWS.COM.AU

+ DIGITAL

News

Free parking for Gosford Hospital staff ends Thursday See page 3

Coasties recognised in Australia Day Honours List

Out&About

Fundraising soiree at Japanese Gardens See page 15

Business

See pages 10-11

Sara Lee saved by Aussie investors Over a decade after saving the Darrell Lea chocolate brand from the brink of collapse, a Gold Coast family has stepped in to rescue another beloved dessert brand, Sara Lee, from its financial woes. The announcement of a buy-out by a private company owned by Klark and Brooke Quinn was made on January 29 by the administrators of Sara Lee, signalling a new chapter for the company’s operations in Australia and New Zealand. This strategic acquisition is poised to preserve 200 jobs that were at risk following the company’s financial downturn late last year.

Outside the Sara Lee factory at Lisarow

While the financial terms of the deal remain under wraps, the move has been met with optimism. Appointed by FTI Consulting on October 17, Vaughan Strawbridge, Joseph Hansell, and Kathryn Evans took on the role of voluntary

administrators for Sara Lee amidst its struggle with debts surpassing $50M. Known for its array of frozen desserts including cakes, pies, crumbles and ice creams available in supermarkets, Sara Lee has been a household name since its inception in 1971, with its

main production hub in Lisarow. The company’s portfolio also extends to food service and catering operations. Strawbridge said Sara Lee was an iconic brand and category leader, with the brand holding an esteemed position in the market. He said there was a collective effort to sustain the business during challenging times and extended his gratitude towards the dedicated workforce and management team, whose commitment to excellence ensured the continued production of high-quality products throughout the administration period.

Water sniffer dogs help find leaks See page 21

Sport

Top basketballers head for Coast See page 31

Puzzles page 18

FOR QUALITY HOME CARE CHOOSE RIGHT AT HOME GOSFORD Right at Home Gosford is a leader in quality home care and support, delivering services that allow our clients to remain safe and independent in their own homes. We cater for government funded and private pay clients.

• 24/7 On Call & 24/7 Care Service

• Complex Nursing Care

• Supervised, Individual Care Plan

• Flexible, Reliable, Certified Carers

• Approved Home Care Package Provider Levels 1-4 • No Home Care Package Management Fees

• Disability & NDIS Support • Post-Operative Care • Hospital In The Home • Personal & Companion Care • Domestic, Shopping, Transport

Right at Home Gosford 15B/8 Karalta Road, Erina NSW 2250 P 02 4314 6657 | E care.gos@rightathome.com.au www.rightathome.com.au

Let’s start talking about living™

The Right Care, Right at Home™


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Coast Community News #424 by Central Coast Newspapers - Issuu