A company which saw its hopes of delivering fuel on demand dashed by the pandemic has been put up for sale by liquidators, who expect strong interest.
A fuel delivery service co-founded by Adelaide businessman Rob Porcaro is on the market after being placed in liquidation.
HaloGo, which launched late last year, promised an on-demand fuel delivery service bringing petrol to your door for an $8.50 delivery fee.
The price of the fuel was to be determined by the average cost at the eight nearest petrol stations.
The company, also co-founded by Sydney businesswoman Brigid Shute, had Seppeltsfield owner Warren Randall and prominent company director Roseanne Healy on its board.
The company was placed in administration in September.
Chris Powell – from Adelaide-based restructuring specialist, DuncanPowell – said it was placed in liquidation after attempts to propose a deed of company arrangement failed. Australian and international interest was expected in the business, which was developed to service large automotive groups, fleet owners, car parks and the retail market.
“Following a successful initial market rollout in Victoria, the opportunity exists to further develop the market nationally and overseas,” he said.
Extracted from Adelaide Now