The Australian company behind brake manufacturer Bendix has entered voluntary administration less than 12 months after celebrating its 70th anniversary.
FMP Group (Australia) Pty Limited, whose name stands for Friction Materials Pacific, reportedly appointed Grant Thornton’s Tianne Nagy-Jones and Philip Campbell-Wilson as joint administrators on October 26, 2026.
The first creditors’ meeting is scheduled for Thursday, November 5, 2026.
The business was established in Ballarat, Victoria, in 1955 as Mintex Limited by Britain’s BBA Group.
In November 2025, its Ballarat factory reportedly employed around 120 people and produced more…