A group of companies linked to one of Australia’s largest scaffolding and formwork providers has entered voluntary administration, placing more than 650 jobs at risk.
Ten entities tied to Kwikform, the Australian arm of Waco International, were placed into administration earlier this week.
The Sydney-based businesses traded under several names, including Waco Kwikform, Star Scaffolds and United Scaffolding Group. The group operates across 23 locations in Australia and New Zealand, providing scaffolding, formwork and shoring services.
Administrators from McGrathNicol have been appointed to oversee the process, with the companies continuing to trade while options are explored.
In a statement, management said efforts had…