Major supplier placed in administration, Argus warns

Major supplier placed in administration, Argus warns

Argus Solutions (ASX:ASV) has warned that a major supplier to print management company Moore – Argus’ operating subsidiary – has gone into voluntary administration.

The Albury-Wodonga headquartered Paragon Printing was placed into administration yesterday, Argus said.

But Moore has a risk mitigation strategy, the company added, which includes a strategy to ensure continuity of supply. Alternative suppliers have already been investigated, so the impact on clients should be minimal.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

Join the newsletter!

Error: Please check your email address.

Tags voluntary administrationParagon PrintingArgus SolutionsMoore printing

Show Comments