Family-owned business goes bust after nearly seven decades
>>LIQUIDATIONS: New Ostwald Bros liquidator releases first report
A FAMILY-OWNED business that operated on the Darling Downs for 67 years has closed its doors.
David Evans Group, a supplier of agricultural machinery and products in Toowoomba and Gatton, went into liquidation on Tuesday.
Originally founded in Boonah in 1951 by the late David Evans, the family-owned business expanded over the years to Warwick, Biloela, Toowoomba, Brisbane, Gatton and Nambour.
In late 2014, the company was forced to close its Warwick, Boonah and Biloela branches, with the company at the time blaming dry conditions and a shrinking customer base for the closures.
The Brisbane and Nambour branches have since been sold to AllClass Construction Equipment.
The remaining Toowoomba and Gatton branches of the company were recently sold to Black Truck and Ag Toowoomba and remain in operation under the new, unrelated company.
PricewaterhouseCoopers' Michael Owen and Grant Sparks have been appointed liquidators of David Evans Group (Queensland) Pty Ltd, which traded under the names Black-trac, David Evans Group, and RMH Mixers.
Liquidators are yet to receive a report as to affairs from David Evans Group directors.
It is understood the company ceased trading before the appointment of liquidators.
Managing director Kurt Evans could not be reached for comment.