L-R: Josh Eaton, Melissa Eaton, Peter Eaton and Ben Eaton

Starleaton administrators have received “substantial interest” from the market to purchase the business, with the total number of companies confirmed to be in double-digits.

Starleaton was placed into voluntary administration last Friday and industry association Visual Connections has since confirmed that Starleaton CEO Ben Eaton has resigned from the board to focus on his business challenges. 

“We have received a lot of interest to purchase the business in its entirety or in parts and this has just been from word of mouth,” joint administrator for Starleaton, Andrew Blundell of Cathro & Partners told Sprinter.

“We will also be advertising the sale of the business through the Australian Financial Review later this week.

“At this stage we want to achieve the best result for creditors. It is now a matter of working through the process.”

Blundell confirmed to Sprinter that the business will continue to operate while under administration.

“We are currently in a position for the business to trade in a limited capacity,” he said.

Starleaton was established in 1978 and describes itself as one of the industry’s leading suppliers of technology and consumables to the graphic imaging market including outdoor and indoor signage, display, point of purchase, window and floor-mounted graphics.

“With six locations across the ANZ region from Perth to Auckland we have grown to be Australia and New Zealand’s largest family-run supplier to the Sign, Display and Photo/Fine Art sectors,” the company said.

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