The failure of Crasborn Fresh Harvest, the company behind the Kiwi Crunch brand, has resulted in 291 job losses, according to a newly released report. The company’s total debt has risen to a substantial $97.1 million, comprised of $66.9 million identified by receivers and a previously reported $30.2 million in unsecured creditor debt. This reveals the significant financial fallout from the collapse. The report details the human impact of the business failure, highlighting the substantial number of individuals now unemployed. Receivers and liquidators continue to assess the situation and work towards resolving the outstanding debts. The sizable debt underscores the scale of the company’s financial difficulties prior to its collapse. The situation leaves numerous creditors facing potential losses as the debt recovery process unfolds.

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