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barnyarddog

04/26/24 5:06 PM

#869 RE: WeTheMarket #867

It’s still early days, but receivers McGrathNicol are in the process of finding a buyer for Tritium.

Partner Shaun Fraser said a sale process for Tritium’s business and assets had already been under way, and McGrathNicol would engage as a “matter of urgency” with those potential buyers.

“Our immediate focus is to stabilise operations and work closely with Tritium’s employees, customers and suppliers as we attempt to secure the best possible outcome for all parties,” Fraser said in a statement after Tritium’s collapse was announced last week.