Stanley Group

 

PHOTO: JASON DORDAY/STUFF Stanley Group had three projects underway for Housing New Zealand in Mangere, Hamilton and Whakātane.

Auckland and Waikato building company Stanley Group and related company Tallwood have been liquidated.

The companies were placed into liquidation on Thursday after a vote by shareholders, the Companies Office showed.

The business has about 100 staff and is headquartered in Takapuna with a factory and office in Matamata.

It had three projects underway for Housing New Zealand in Mangere, Hamilton and Whakātane.

It is understood Stanley Group got into financial trouble after it under-quoted for work with Housing New Zealand.

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