DB Group Global - Voluntary Administration

DB Group Global, a Sydney-based firm specialising in demolition and construction services, along with its subsidiaries DB Scaffolding & Rigging and DB Group Services, entered voluntary administration on 11 November. According to its website, the company has been operating for 15 years, most recently focusing on the New South Wales Tier 1 & 2 Construction and Demolition sectors. The company’s larger projects have included the University of Technology Sydney, the AMP Quay Quarter Development and the construction of a Sydney Metro Railway at Barangaroo. Ahmad Zeidan and Adam Shepard of Setter Shepard were appointed administrators, and are reportedly seeking a buyer for the business.