Local firm Distribution Solutions Perth takes over RMD fleet and operations
All assets related to Perth-based RMD Logistics have been bought by local business Distribution Solutions Perth Pty Ltd, liquidation firm RSM informs ATN.
The move came after the Supreme Court of Western Australia ordered the company to wind up its business following a dispute between co-owners.
Liquidators were appointed on the day of the court decision, August 10, to undertook a “just and equitable” distribution of the business.
RSM says operations continued to trade as normal as it negotiated the sale of the company’s fleet and other related assets.
The sale was concluded on Friday.
RMD serviced the food industry with the help of 16 delivery trucks, and 14 full-time and 10 casual employees.
Having bought the fleet as part of the sale, Distribution Solutions Perth is currently coordinating with the staff regarding employment opportunities.
RMD creditors are expected to receive their payment in full in due course.
“We currently envisage all creditors will be paid in full over the coming months,” RSM says.