Building company Zadro Constructions goes into voluntary administration

Building company Zadro Constructions goes into voluntary administration

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Building company Zadro Constructions goes into voluntary administration

  • Construction company went under
  • Zadro Constructions went into voluntary administration 

Another construction company has gone into voluntary administration with all its staff laid off.

Western Sydney-based company Zadro Constructions went under last month with Grant Thornton Australia appointed as administrator on September 15.

All seven staff have been made redundant as a result.

Zadro, which had operated since 1962, recently finished 14 school infrastructure projects in Sydney’s west and north, restored several churches.

It also did the fit-out for the Westconnex Motorway operations centre and worked on Sydney Living Museums’ iconic Hyde Park Barracks.

Another construction company has gone into voluntary administration with all its staff laid off

Another construction company has gone into voluntary administration with all its staff laid off

The Penrith-based company’s online bio said it ‘successfully’ worked on long term projects for 51 years in many sectors including ‘education, retirement living, aged care, residential, commercial, education, public infrastructure, retail, heritage and industrial’.

‘The administrators held discussions with key customers regarding options to restructure the company’s affairs and complete projects underway,’ a Grant Thornton spokesperson told 7News.

‘While discussions regarding the future of the projects are continuing, it appears unlikely that the business will recommence trading and all staff have been formally terminated.’

John McInerney and Cameron Crichtonfrom Grant Thornton, are the join administrators.

The company’s future will be determined after a meeting with creditors this month.

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