Bruce Gleeson and Daniel Robert Soire was appointed Joint and Several Administrators of the below 23 entities on 28 July 2025 following creditors passing resolutions approving us to replace Shaun Fraser and Jonathan Henry of McGrathNicol as Administrators. The group operates as part of the Cornell Diesel Systems and MTQ Engine systems – further information can be found Advanced Diesel Fuel Injection Service – Cornell Diesel Systems and Australia’s Largest Diesel Fuel Injection Pumps, Engine Spare Parts, Garrett Turbochargers Repair, Denso Service Centre & Sales Specialist – MTQ Engine Systems
The Former Administrators were appointed on 16 July 2025 and subsequent to their appointment, Graeme Beattie and Stephen Hundy of Worrells were appointed Receivers and Managers over 21 of the entities. The Receivers and Managers are currently trading on the business whilst assessing the viability of parts of the business, in addition to calling for expressions of interest for the business.
On 11 August 2025, we filed an application in the Supreme Court of New South Wales to seek an extension to the convening period for the second meeting of creditors, which was approved by the Court and a copy of such Orders can be found here. The result of the Orders means that the Companies (except for CFI New Zealand Pty Ltd) remain in Voluntary Administration and we are required to convene the second meeting of creditors (or also known as the ‘decision meeting’) by 13 November 2025. There is also the ability for us to reconvene the second meeting at an earlier time if considered appropriate.
For any employee enquiries, please contact Rob Hobart of our office or via email cornell@jonespartners.net.au and for any trade creditor queries, please contact Harshini Vaghela or Christie Santara of our office or via email cornell@jonespartners.net.au
For any queries regarding the potential purchase of the business, please contact Hayden Asper at Worrells on (02) 8844 1200 or via email hayden.asper@worrells.net.au
List of appointed entities:
- Buypartsdirect.com.au Pty Ltd (ACN 608 433 227) (Administrators Appointed) (Receivers and Managers Appointed)
- CFI Australia Pty Ltd (ACN 147 698 940) (Administrators Appointed) (Receivers and Managers Appointed)
- CFI Global Pty Ltd (ACN 610 134 079) (Administrators Appointed) (Receivers and Managers Appointed)
- CFI New Zealand Pty Ltd as trustee for CFI New Zealand Unit Trust (ACN 672 467 391) (Administrators Appointed)
- Cornell Automotive Group Pty Ltd (ACN 631 801 842) (Administrators Appointed) (Receivers and Managers Appointed)
- Cornell Corporation Pty Ltd (ACN 658 283 606) (Administrators Appointed) (Receivers and Managers Appointed)
- Cornell Equipment Pty Ltd as trustee for Cornell Equipment Trust (ACN 661 223 150) (Administrators Appointed) (Receivers and Managers Appointed)
- Cornell Diesel Systems (NSW) Pty Ltd (ACN 633 748 071) (Administrators Appointed) (Receivers and Managers Appointed)
- Cornell Diesel Systems (QLD) Pty Ltd as trustee for Cornell Diesel Systems (QLD) Trust (ACN 659 708 380) (Administrators Appointed) (Receivers and Managers Appointed)
- Cornell Diesel Systems (VIC) Pty Ltd (ACN 122 741 299) (Administrators Appointed) (Receivers and Managers Appointed)
- DCA Group Pty Ltd (ACN 633 758 531) (Administrators Appointed) (Receivers and Managers Appointed)
- DDM1 Pty Ltd (ACN 633 730 846) (Administrators Appointed) (Receivers and Managers Appointed)
- DDM Entity Pty Ltd as trustee for DDM Entity Trust (ACN 165 630 875) (Administrators Appointed) (Receivers and Managers Appointed)
- DDM Global Pty Ltd as trustee for CFI Global Unit Trust (ACN 637 900 737) (Administrators Appointed) (Receivers and Managers Appointed)
- DDM International Pty Ltd as trustee for DDM Family Trust (ACN 145 205 689) (Administrators Appointed) (Receivers and Managers Appointed)
- DDM Perth Pty Ltd (ACN 656 885 086) (Administrators Appointed) (Receivers and Managers Appointed)
- DDM Sydney Pty Ltd as trustee for DDM Sydney Family Trust (ACN 636 879 171) (Administrators Appointed) (Receivers and Managers Appointed)
- DDM United Pty Ltd as trustee for DDM United Family Trust (ACN 655 164 622) (Administrators Appointed) (Receivers and Managers Appointed)
- Devas Employment Pty Ltd (ACN 679 808 265) (Administrators Appointed)
- Devas Industries Pty Ltd (ACN 678 992 151) (Administrators Appointed) (Receivers and Managers Appointed)
- DM Devas Pty Ltd as trustee for Devas Family Trust (ACN 678 978 795) (Administrators Appointed) (Receivers and Managers Appointed)
- MTQ Engine Systems Pty Ltd (ACN 679 808 578) (Administrators Appointed) (Receivers and Managers Appointed)
- Partsbay Pty Ltd as trustee for Partsbay Trust (ACN 604 487 649) (Administrators Appointed) (Receivers and Managers Appointed)
All enquiries should be directed to cornell@jonespartners.net.au