Pipe Vision liquidators look to auction to dent $29.5m debt

Scania is the largest secured creditor. (Image: Pipe Vision)

Tue, 19 Aug 2025

Liquidators have engaged auctioneers to sell off Pipe Vision’s assets to try to return the nearly $30 million owed to creditors.Daniel Stoneman and Neale Jackson were appointed joint liquidators of Pipe Vision New Zealand (PVNZ) and Pipe Vision Holdings (PVH) on Aug 11. Both entities were placed into voluntary administration on July 7.The first liquidators' reports, both released on the Companies Office on Monday, showed that the companies have combined liabilities of $29.5m.Assets totalled about $1.2m, but the value of plant and equi...

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