Australian packaging equipment manufacturer Asset Packaging Machines Pty Ltd has entered liquidation, with creditors owed more than $1 million, including customers with prepaid deposits and employees with unpaid entitlements.
The Castle Hill-based company was placed into voluntary administration on 11 June 2025, with Travis Pullen of B&T Advisory appointed as administrator. Asset Packaging Machines, founded in 2020, was known for manufacturing filling, capping, and labelling systems for a range of industries including food, personal care, and industrial goods.
A first creditors’ meeting was held on 23 June. According to the administrator’s report circulated ahead of the second meeting on 15 July, the company was no longer viable…