Appointment type
Creditors Voluntary Liquidation – 21 February 2025
Voluntary Administration – 20 September 2024
Appointees
Tim Mableson, James Dampney, and Gayle Dickerson
Companies subject to Administration
Beston Global Food Company Limited (In Liquidation) ACN 603 023 383
Beston Pure Dairies Pty Ltd (In Liquidation) ACN 606 417 994
(Collectively referred to as 'Beston'.)
Office
Adelaide
Background information
On 24 September 2024, Tim Mableson, James Dampney, Gayle Dickerson and David Kidman were appointed joint and several Voluntary Administrators (Administrators) of Beston Global Food Company Limited and its subsidiary Beston Pure Dairies Pty Ltd (Beston).
At the Second Meeting of Creditors of the Companies held on 21 February 2025, creditors resolved that the Companies be wound up and Tim Mableson, James Dampney, Gayle Dickerson and David Kidman of KPMG (Liquidators) be appointed as the Joint and Several Liquidators of the Companies.
David Kidman retired as liquidator of the Companies effective Thursday 13 March 2025.
Further information
For all further enquiries, please contact us at beston@kpmg.com.au.
Creditor meetings
The second meeting of creditors was held virtually on 21 Feburary 2025 at 11.30am ACDT. At this meeting, creditors resolved that the Companies be wound up under Section 439C(c) of the Corporations Act 2001.
The first meeting of creditors was held virtually on 2 October 2024 at 12:00pm ACST.
Communications
Information and circulars for creditors of Beston Global Food Company Limited.
Circular to Creditors – Appointment of Liquidators – 26 February 2025
Beston Global Food Company Limited (In Liquidation) | Beston Pure Dairies Pty Ltd (In Liquidation)
Voluntary Administrators’ Report – 13 February 2025
Beston Global Food Company Limited (Administrators Appointed) | Beston Pure Dairies Pty Ltd (Administrators Appointed)
Letter to Creditors – Extension to Convening Period – 18 October 2024
Beston Global Food Company Limited (Administrators Appointed) | Beston Pure Dairies Pty Ltd (Administrators Appointed)
Letter to Creditors re: Convening period – 10 October 2024
Beston Global Food Company Limited (Administrators Appointed) | Beston Pure Dairies Pty Ltd (Administrators Appointed)
First Creditors' and Supplier Circular – 23 September 2024
Beston Global Food Company Limited (Administrators Appointed) | Beston Pure Dairies Pty Ltd (Administrators Appointed)
Support
ASIC Insolvency material
The Australian Securities & Investments Commission (ASIC) provides resources on insolvency for directors, practitioners, employees, creditors and investors.
Visit the ASIC website to find out more.
Fair Entitlements Guarantee (FEG)
You may be eligible for FEG assistance. General information for claimants can be found here:
https://www.dewr.gov.au/fair-entitlements-guarantee.
Beyond Blue
beyondblue offers some useful resources for people struggling with the emotional impact of financial distress. The beyondblue Support Service provides confidential, one-on-one counselling with a trained mental health professional.
Phone: 1300 22 4636
Lifeline
Lifeline offers phone crisis counselling for people who are experiencing financial and emotional hardship.
Phone: 13 11 14 Australia-wide
Online crisis support chat (7:00pm to 4:00am daily)
Appointees
Tim Mableson
SA Clients & Markets Lead Partner, Deal Advisory | National Leader Agriculture & Wine Sectors
KPMG Australia
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