Sunshine Coast based EPM Print Group has been placed into liquidation by its shareholders, four years after they bought the business.
The company pulled the pin on Tuesday, entering creditors voluntary liquidation, which essentially means the shareholders recognised it was insolvent. Owner and director Scott Lenhoff told the liquidator that the company’s liabilities meant it could not continue its business, and that the company should be wound up.
At the same time Lenhoff Investments, Lenhoff’s entity, was also put into creditors voluntary liquidation.
The Queensland commercial print business offered digital and offset printing, signage, and direct mail services. It only re-equipped its digital print fleet at the start of the…