Rostone collapses $1.7m in debt to trade, Oxford buys clients list

摘要

Sydney's Rostone Print has been forced into liquidation, toppling under $1.7m worth of debt to trade creditors, on top of further debts to banks and employees, as the offset price war drove its margins down. Rostone's client list has been bought by Oxford Communications Group, a Sydney print, creative, logistical and promotional products supplier. Oxford has hired three of Rostone's sales staff, though around 20 employees are out of a job.