Receivers aim to have Cloudy Bay Clams sale done by end of month

Cloudy Bay clams are used in high-end restaurants. (Image: Cloudy Bay Clams)

Tue, 11 Jun 2024

The receivers of Cloudy Bay Clams are hoping to get the business’ sale over the line by the end of the month.Two months ago, the Bank of New Zealand appointed PwC’s Richard Nacey and John Fisk as receivers to the seafood supplier at the request of its director Isaac Piper.Founded 30 years ago, the Blenheim-based business suppliers clams to domestic and export markets, employing roughly 20 staff.The receivers were brought in after the business faced ongoing cash flow pressures from difficult trading conditions and a lack of adeq...

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