Coughlans Bakery acquired out of liquidation

Twenty-five Coughlans Bakery shops could soon be reopened as the majority of the company’s business and assets have been bought by Janes Bakery Limited. Coughlans, which was founded in 1937, ceased trading on 1 July 2026, resulting in the redundancy of over 170 employees and closure of 31 sites across south London, Surrey, Kent, and…

NUMSA wins bid to block liquidation of diamond mine

Ekapa Minerals’ diamond mine in Kimberly has been placed into business rescue after a court challenge by NUMSA. Photo supplied The Northern Cape High Court has set aside the liquidation of Ekapa Minerals and placed it into business rescue. This comes after NUMSA challenged the liquidation and proposed a rescue plan that includes a R25-million…

US sanctions push SeaLead Shipping into liquidation

Singapore-headquartered SeaLead Shipping is being liquidated, marking the final chapter in one of container shipping’s most dramatic rises and falls of recent years. Splash understands the company has moved into liquidation following sweeping US sanctions imposed last month that effectively cut the liner operator off from normal international business. The move comes little more than…

Reborn Truck Repair Group liquidated again

Queensland truck repair business TRG Group of Companies Pty Ltd has entered liquidation for a second time, according to notices lodged with the Australian Securities and Investments Commission (ASIC). An ASIC Published Notice states that at a general meeting held on July 20, 2026, members resolved that the company be wound up and appointed William…