NPM Group - Administration

The companies forming part of the NPM Group, a Sydney-based national construction firm which has completed more than 45,000 projects for almost 800 clients, have entered administration. The firm’s director said that ongoing market pressures, including skilled labour shortages, inflationary pressures, interest rate increases and the ongoing impacts of the Covid-19 pandemic, had made it impossible to keep operating. Graeme Beattie, Christopher Darin and Aaron Lucan of Worrells were appointed administrators. Over 100 full-time employees were terminated prior to their appointment.