Andrew Robets’ Roberts Co avoids liquidation with $20m deal

Tycoon Andrew Roberts has struck a deal with creditors of his collapsed building empire that will see him fork out $20m.

But administrators say there are still subcontractor claims yet to be resolved for the construction firm’s Victorian arm, as they look to work out how to mitigate losses for stalled projects across the state.

Creditors of Mr Roberts’ RCAH Group – a construction company specialising in delivering complex projects across various sectors, including health, education, and commercial development – voted on Monday to accept the deal.

The operations of the RCAH Group, which collapsed into administration in May, have recently been wound down and its Victorian subsidiary, Roberts Co (VIC), was placed into administration in March.

The company’s most notable contracts were in Victoria, including an Amazon distribution centre in Craigieburn, an office tower near Parliament Station, a residential development project in Footscray and a clinical-scale mRNA manufacturing facility at La Trobe University’s melbourne campus.

Projects in other states included being part of the consortium building the $1.8bn Women and Babies Hospital in Perth.

The group recently sold its business interests in Western Australia and…

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