Bega Group finds buyer for peanut assets in move to save 30 jobs

Australia’s Bega Group has found a buyer for its peanut processing assets but still plans to go ahead and close the business. Bega announced in July it would shutter the Peanut Company of Australia (PCA) and its factories in Kingaroy and Tolga in Queensland in a phased manner over an 18-month period. The company said today (11 September) it is optimistic that around 30 of the 150 jobs at risk will be saved after it reached an agreement to sell the land, buildings and equipment at the two sites to Crumpto ...