Rosella placed into receivership
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December 03 2012, 1:33PM
The group employs about 275 people, who have been warned that their jobs could be affected by some restructuring of the companies.
"The receivers cannot guarantee continued employment, however, it is the receivers' intention to explore all options to ensure that your employment can be preserved," Ferrier Hodgson said in a statement to employees.
"We will endeavour to provide you with a further update as soon as possible.
"At this stage, we are unable to determine whether employee entitlements will be paid in full due to uncertainty surrounding the realisable value of floating charge assets and the prospects of securing a sale of the business."