Contractor Roberts Co appointed voluntary administrators to its Victorian business late on Friday – a move The Australian Financial Review foreshadowed – after failing to stem losses on two projects it took over after acquiring the operations of collapsed builder Probuild in 2022.
Roberts Co’s other operations were not affected by the appointment of McGrathNicol’s Jason Ireland and Matthew Caddy and would keep trading, but Roberts Co’s Victorian sites would close immediately, the administrators said.
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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
