By James Wells
The assets of Fizz Bizz Beverages, the failed beverage supplier to Coles, Aldi and Nudie, have been sold to the company’s creditor and landlord – Croatian-born businessman, Marko Franovic for an undisclosed sum.
Franovic, who owns a window manufacturing business called Boka Windows, has created Boka Beverages after striking a deal with the administrators of Fizz Bizz to purchase the assets of the business including the packaging and beverage filling equipment.
The new business will seek to continue the beverage manufacturing and packaging operations previously conducted on the same site within the industrial complex owned by Franovic.
Franovic has installed Tony Krslovic as quality assurance manager who will oversee an upgrade to the plant and equipment within the facility.
“We are seeking to make the facility more efficient by boosting capacity and improve the quality of the end products to the customer. It will probably take a week or two and we won’t start producing products until this process is completed,” Krslovic said.
Boka Beverages has commenced conversations with the former clients of Fizz Bizz Beverages including Coles, Aldi and Nudie who were interrupted with their supply of alcoholic and non-alcoholic products while the business was in administration.
“Our first priority will be to regain trust of our previous customers and re-engage with them and to try and do more for them in the future,” Krslovic said.
“We are also talking to some key people from the business, however we can confirm that there will be no involvement in the new business from the previous owners or directors.”