The Voluntary Administrators of Probuild Constructions (Aust) Pty Ltd and Monaco Hickey Pty Ltd announced that they have reached in principle agreement with Australian privately-owned, and highly experienced NSW-based construction business, Roberts Co, to purchase most of the Victorian assets of the Probuild business. The sale is subject to completion of due diligence over the next two weeks and will also include ongoing employment for the relevant Probuild Construction employees.Roberts Co would be a natural fit in terms of its experience in large-scale projects and its history with various Probuild executives.
The Voluntary Administrators of Probuild Constructions (Aust) Pty Ltd and Monaco Hickey Pty Ltd announced that they have reached in principle agreement with Australian privately-owned, and highly experienced NSW-based construction business, Roberts Co, to purchase most of the Victorian assets of the Probuild business. The sale is subject to completion of due diligence over the next two weeks and will also include ongoing employment for the relevant Probuild Construction employees.Roberts Co would be a natural fit in terms of its experience in large-scale projects and its history with various Probuild executives.