International IT company enters voluntary administration
Altech computers, a company with offices and warehouse in Hong Kong, Brisbane, Melbourne, Sydney, Adelaide, Perth, and Auckland has collapsed into voluntary administration.
The business was established in 1997, was featured in BRW’s Fast 100, and was named Microsoft’s Australian distribution partner of the year in 2008.
According to the company’s website – they have more than 6000 customers in Australia alone.
Andrew Scott and Daniel Walley were appointed as administrators on the December 3 and the first creditor’s meeting is scheduled to be held in Sydney on December 11.
It has been reported that the company is millions of dollars in debt.
