Australian Paper to take over Australian Envelopes assets
Australian Paper has announced a formal agreement to purchase the assets of Australian Envelopes from administrators PPB Advisory.
22 July, 2011Australian Paper has announced a formal agreement to purchase the assets of Australian Envelopes from administrators PPB Advisory.
22 July, 2011Paper merchants expect the Australian Envelopes collapse to hurt the industry’s reputation with insurers, as unsecured debts exceed $10m, including $6.5m owed to Australian Paper.
21 July, 2011Local envelope suppliers Candida Stationery, The Cameron’s Group and Cheque-Mates are sharing in the windfall as work floods the market following Australian Envelopes’ shock closure.
19 July, 2011Australian Envelopes workers have been “crushed” by shock news that roughly 300 of them are being made redundant following the surprise fall into administration last Friday.
5 July, 2011Australian Envelopes has called in the administrators, which major customers and competitors have called a “surprise” move that will send shock waves through the industry.
1 July, 2011End of content
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