Victorian boat builder bought out of liquidation by previous owners.
Victorian boat builder Evolution Boats says it is business as usual after its parent company, PM Marine Manufacturing, was put into liquidation last week.
Owner Paul Junginger told Marine Business that prior to PM Marine Manufacturing, of which he was the main shareholder, being put into liquidation, Evolution Boats was sold to a new company, PM Composites, also under his control, which was registered with the Australian Securities & Investments Commission just two weeks earlier.
As a result, Junginger said Evolution Boats is now back in business under the new ownership at the same premises and with the same staff. He said the new c…
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