Receivers take over BPA Print Group

According to documents lodged with ASIC, Salvatore Algeri and Simon Alexander Wallace Smith from Deloitte were appointed as receivers yesterday by BPA's bank, understood to be NAB.

Details are scare, as neither the receivers nor BPA Print managing director Brett Turnley had returned calls at time of writing.

ProPrint spoke to a number of creditors, who said they were unaware of the reason for the collapse and had only noticed warning signs quite recently.

BPA acquired the customer list from Sands Print Group last May, took on some of its staff and was understood to have been using new trading name BPA Sands.

[Feature: Buying customer lists]

According to its website, BPA was established in 1904 and is "one of the longest continuing participants in the Australian printing industry". It was originally know as Brown Prior Anderson.

The website lists BPA's main printing equipment as an A1-format 10-colour Heidelberg Speedmaster purchased in 2011 and a Xerox iGen4 EXP, bought last August.

The award-winning printer was know for its quality book printing, and won the coveted Galley Club Award for 'Australian Book of the Year' in 2008 and 2011.

BPA Print Group is in no way connected to Sydney print management company BPA (Business Print Australia).

Comment below to have your say on this story.

If you have a news story or tip-off, get in touch at editorial@sprinter.com.au.  

Sign up to the Sprinter newsletter

Leave a comment:

Your email address will not be published. All fields are required

Advertisement

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our team.
Advertisement