A major Australian caravan manufacturer has collapsed into voluntary administration, leaving hundreds of workers, customers and suppliers in limbo.
Zone RV, based in Coolum on Queensland’s Sunshine Coast, is a leading maker of luxury off-road caravans.
But yesterday, restructuring firm Cor Cordis were appointed administrators to try and save the company.
A spokesperson said they are now conducting an “urgent review” of Zone RV’s financial and operating positions.
“Their primary objective is to preserve value for all stakeholders, including approximately 250 employees [plus] customers and suppliers, and to determine the strategic options available for the…