Cor Cordis completes sale of SMW Group business, safeguarding approximately 180 jobs

Cor Cordis confirms the successful completion of the sale of the business and assets of Alertvale Pty Ltd (subject to Deed of Company Arrangement), formerly trading as SMW Group, as part of the Company’s broader restructuring process.

SMW Group is a long-established provider of field services, maintenance, and support to the mining and industrial sectors across regional Queensland. The business has operated for more than two decades, servicing major resource operators and delivering specialist on-site and off-site capabilities.

On 18 September 2025, Cor Cordis partners Darryl Kirk and Stephen Earel were appointed Voluntary Administrators of Alertvale Pty Ltd. Following creditor approval, the Company entered into a Deed of Company Arrangement on 28 November 2025, with Stephen Earel and Darryl Kirk appointed as joint and several Deed Administrators.

As part of the Deed process, the sale of the Company’s business and assets has now been completed. The purchaser, Shutdowns, Maintenance & Welding Pty Ltd (ACN 690 162 371), will carry on the operations going forward. While the SMW Group contact details and email domains are expected to remain in place, the underlying trading entity has changed following completion of the sale.

The transaction secures ongoing operations and preserves approximately 180 jobs across the business, an important outcome for regional employment, local industry capability, and continuity of service for key clients.

The Administrators noted that completing the sale provides stability for employees, certainty for customers and the opportunity to preserve the operational capability of a business that supports critical industries across regional Queensland.

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Media enquiries

Lidia Bufalino

National Marketing Director

lbufalino@corcordis.com.au

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