Above: Sule Arnautovic from Salea Advisory
Access Print Solutions, Graphic Print Group (GPG) and Graphic Web in sydney and Adelaide are now for sale after entering voluntary administration with 50 employees affected.
Sule Arnautovic from Salea Advisory has been appointed voluntary administrator for the three businesses by the directors of the business.
Arnautovic is a chartered accountant, registered liquidator and partner of Salea Advisory.
“The directors of the companies have initially advised that the reasons for the administration of the companies can be attributable to poor economic and trading conditions, significant cost expenditure with respect to various premises leases and outstanding statutory taxation obligations,” Arnautovic told Sprinter.
“I am presently continuing to trade the companies’ business during the administration period with a view to restructuring the companies via a Deed of Company Arrangement (DOCA) and/or implementing a going concern sale of business.
“At this time, I hereby advise that the companies will continue their business operations in the ordinary course of business.
“Should any interested parties be interested in purchasing the business of…
