Announcement

Sale completed for Zone RV

Sale completed for Zone RV

Rahul Goyal, Kate Conneely and Stephen Earel of restructuring advisory firm Cor Cordis, as liquidators of Zone Manufacturing Pty Limited (In Liquidation) and Zone RV Holdings Pty Limited (In Liquidation) (together, Zone RV) confirm that the sale of the Zone RV business to Adventure Zone RV Pty Limited, a company associated with Jamie Johnson of Essential Caravans, was completed with effect from 13 March 2026.

The sale proceeds are being received in two stages: approximately half is paid on completion, with the balance due by the end of March 2026. The sale enables the Zone RV business to continue operating under new ownership, preserving the brand, core operations, and its premium Australian-made offering. The purchaser brings established industry experience and intends to integrate Zone RV’s product range alongside its existing caravan operations.

All stakeholders, including suppliers, customers and former employees, are now being contacted by the new owners regarding ongoing supply arrangements, existing orders and future employment opportunities. All queries regarding the business going forward are being directed to Jamie Johnson.

Over the coming weeks, the liquidators will finalise the administration accounts and any remaining post-completion matters to hand over the business to Adventure Zone RV Pty Limited. Following receipt of the second and final payment, all outstanding employee claims (circa $3.4m) will be settled by mid-April 2026.

The liquidators’ investigations are continuing in accordance with their statutory obligations, with a further report to creditors to be issued by the end of April 2026.

Mr Goyal said the transaction demonstrates the benefits of pursuing a going concern strategy in external administrations.

“At Cor Cordis, our focus is on preserving enterprise value and achieving the best possible outcomes for all stakeholders. The successful sale of Zone RV shows the benefits of a going-concern approach. An immediate shutdown of the business would not have delivered a return to any class of creditor.”

Media enquiries

Lidia Bufalino

National Marketing Director

lbufalino@corcordis.com.au

Jamie Johnson

Adventure Zone RV Pty Limited

0433 334 433

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