Contractor RobertsCo appointed voluntary administrators to its Victorian business late on Friday – a move The Australian Financial Review foreshadowed – after failing to stem losses on two projects it took over after acquiring the operations of collapsed builder Probuild in 2022.
RobertsCo’s other operations were not affected by the appointment of McGrathNicol’s Jason Ireland and Matthew Caddy and would keep trading, but RobertsCo’s Victorian sites would close immediately, the administrators said.
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