An IT distribution company that has operated for almost 20 years has collapsed into voluntary administration.
Altech Computers was established in 1997 and has offices and warehouses in Sydney, Melbourne, Brisbane, Adelaide, Perth, Auckland and Hong Kong.
The business featured in BRWs Fast 100 for several years between 2004 and 2006, coming in at number 100 in 2005 with turnover of more than $63 million for the 2004-05 financial year.
Altech Computers was also named Microsofts Australian distribution partner of the year in 2008.
The companys website also claims it has more than 6000 customers Australia-wide.
PPB Advisory was called in to manage the business on December 3, with Andrew Scot…
Read the full article at: http://www.smartcompany.com.au/finance/49279-award-winning-it-company-collapses-into-voluntary-administration/
