Robayne, the Perth-based equipment and coatings distributer has gone into voluntary adminsitration which is being handled by FTI Consulting.
The company was founded in 1974 as has expanded in recent years, especially in rural areas and has 14 branches around Australia. The liquidation proceedings may result in the company continuing to trade, or going into liquidation or enter into a deed of company arrangement. The first meeting of creditors will take place in Perth on 5 February.