PwC appointed administrators of Godfreys Group, restructure and sale under way

PwC appointed administrators of Godfreys Group, restructure and sale under way
Godfreys has 16 company-operated stores in NZ and nine franchise stores. (Image: Google)
Riley Kennedy
The New Zealand arm of commercial floorcare retailer Godfreys Group has gone into voluntary administration with its Australian parent.PwC's Stephen White and John Fisk were appointed NZ Vacuum Cleaner Company's administrators on Tuesday.Established in 1931, Godfreys, previously listed on the Australian securities exchange (ASX), is one of the world’s largest vacuum retailers, supplying specialty commercial floor care and cleaning products.Across NZ and Australia, it operates 141 stores employing 600 staff, with 28 stores run by fr...

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