The Australian company responsible for the brake manufacturer Bendix has entered voluntary administration just under a year after celebrating its 70th anniversary. FMP Group (Australia) Pty Limited, which stands for Friction Materials Pacific, appointed Grant Thornton’s Tianne Nagy-Jones and Philip Campbell-Wilson as joint administrators on October 26, 2026. A first creditors’ meeting is set for Thursday, November 5, 2026.
In the meantime, company representatives maintain that it is “business as usual” at Bendix, with an announcement regarding new ownership expected soon. Bendix has a legacy that dates back to its founding in Ballarat, Victoria, in 1955 as Mintex Limited by Britain’s BBA Group. By November 2025, the Ballarat…