Pettaras Press calls in the administrators

Roderick Sutherland and Sule Arnautovic from insolvency practitioner Jirsch Sutherland were appointed voluntary administrators on Friday.

A spokesperson for Jirsch Sutherland told ProPrint: “We are continuing to trade the business and assessing the ability to continue.”

The spokesperson added that the administrators would also look at a sale of the business, and added that they were currently preparing the creditor’s report.

No redundancies have been made.

Pettaras Press, based in Padstow, employs around 80 staff and operates a mix of sheetfed and digital equipment, including a new 10-colour Komori Lithrone and an HP Indigo 5000.

The award-winning business, which took three golds at last year’s NSW Excellence Awards, recently moved to a new purpose-built, 11,500sqm facility.

Director Steve Pettaras would not comment when contacted by ProPrint.

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