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Private equity-owned Oceania Glass goes bust after 169 years

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Australia’s only architectural glass manufacturer, Oceania Glass, has collapsed after its losses mounted because of cheap imports from China and rising manufacturing costs.

Grant Thornton was appointed on Tuesday as administrator of the company, which employs 260 people and has a manufacturing plant in the outer Melbourne suburb of Dandenong.

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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com

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    Original URL: https://www.afr.com/companies/manufacturing/private-equity-owned-oceania-glass-goes-bust-after-169-years-20250204-p5l9hv