Scott’s Refrigerated Logistics may have been insolvent nine months before its collapse, according to the company’s administrators McGrathNicol.
The Anchorage Capital Partners-owned transportation group – one of the largest in the country and a key supplier to retailers including Coles, Aldi and IGA – collapsed in late February.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com