Starleaton Administrators Seek Urgent Expressions of Interest

Starleaton Administrators Seek Urgent Expressions of Interest

Andrew Blundell and Simon Cathro, the voluntary administrators of Starleaton Holdings Pty Ltd & SOS Bidco Pty Ltd, have advertised and called for Expressions of Interest for a business/asset sale or potential recapitalisation through a Deed of Company Arrangement.

Established in 1978, Starleaton has evolved from a small family business into a leading graphic media supplier with a national and international footprint in NSW, QLD, VIC, WA, and New Zealand.

The company of fifteen full-time employees provides software, capital equipment, consumables, and technical support to the printing and advanced manufacturing industry in Australia.

It went into voluntary liquidation in January 2024.

The administrators highlight several key aspects of the business noting an average annual turnover of $21 million and the company’s diverse assets and holdings including plant & equipment, converting machines, stock, motor vehicles, forklifts, website, select intellectual property, and office equipment.

To participate in the Expression of Interest process, potential buyers or investors are encouraged to contact Cathro & Partners via email at [email protected] The deadline for submitting Expressions of Interest is 5:00 PM AEST on January 31, 2024. 

 

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