In debt to the tune of A$25m, the Queensland-based South Johnstone sugar mill has been placed into receivership this month.


Many problems have confronted the entire sugar industry over recent years. The impact of several wet seasons has hit hard and global prices for the commodity has plummeted. Many growers have questioned why the industry-wide problems should have such a dramatic effect on South Johnstone, but the ill-equipped management has also been blamed for the receivership order.


An offer of A$14.2m has been received from Bundaberg Sugar for the mill and its assets, ironic given that only six years ago a A$54m takeover bid offer by Bundaberg was rejected.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now