JURGENS AUSTRALIA REOPENS AND OPERATIONS RESUME
In an era of social media and sensationalistic news stories it’s not surprising that at times a rumour starts that might not tell the entire story.
Although there were some fairly ominous signs such was the case when it was rumoured that Jurgens Australia was in trouble and might have to ceased trading.
Today, on the back of these rumours Paul Kyriacou, Director Jurgens Australia sets the record straight with the following press release:
The facts are as follows.
We experienced a lock out by the landlord over a commercial dispute. We are pleased to advise we have resolved this issue, the gates are open and we have resumed operations.
A supplier has taken legal proceedings to recover outstanding payments. We are in the process of recapitalising which has taken longer than expected. We are confident of settling all suppliers in the near future.
While we have a way to go with catching up with production to meet demand but please be assured we are committed to making a success of our business and rebuilding confidence in our brand.
We acknowledge recent events have created significant uncertainty for our staff, customers, dealers and suppliers. We are truly sorry for the distress this has caused.
Finally, we sincerely thank the many who have supported us in these challenging times.