This combined with the closure of Geon’s Queensland business (see separate story) means that the sale of Geon as a single entity will not happen.

Last year Sturgess bought the Rapid Labels business from Blue Star – a company he went on to buy in January – through his Tiri Group.

The receiver is working feverishly to sell the remaining business units, which include its supersites in Banksmeadow and Auckland, as well as its Mt Waverly, Parramatta, Perth Canberra and Hobart facilities.

Click here for more Geon stories on i-grafix

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