Bedford is continuing its financial and structural review with appointed advisors McGrathNicol, with all options for the organisations continuity into the future being considered.
As this process has evolved it has become apparent that a sale of Bedford is one of the more viable options. There has been strong interest in the purchase of all our core businesses and related entities.
We are grateful for the assistance to date from both the state and federal governments allowing us the opportunity to explore what is truly best for Bedford.
This allows us to focus on building a future that sustainably supports our purpose and our people.
Currently, the 850 supported employees and the staff that support them, in addition to the 400 people we support outside of employment, remain a priority as these options are considered.
Detail on Bedford’s future will be provided once we are able to share a firmer update on what this future will look like and in the meantime, we are grateful to our staff and employees for their continued contribution to the purpose that drives us.
Whilst we continue to undergo this process we are unable to say anything further at this point.