Pact Services Group collapses: All staff sacked and millions owed to suppliers

A company that owned a string of air conditioning and heating businesses has collapsed, owing up to $2million and leaving staff jobless. Pact Services Group fell into liquidation on March 20, with its companies Pact Heating and Cooling, Pact Commercial, Pact Home Solutions, Pact Solar, Pact Service and North East Heating, Cooling and Solar all closing up shop. Pact Services Group owes more than $2million to at least 100 creditors in total, news.com.au reported. Pact Services Group fell into liquidation on March 20, with its companies Pact Heating and Cooling, Pact Commercial, Pact Home Solutions, Pact Solar, Pact Service and North East Heating, Cooling and Solar all closing up shop The company, which had its headquarters in Dandenong in Melbourne's southeast, offered construction and maintenance services in air-conditioning, electrical, plumbing and solar in commercial and domestic settings. Pact Services Group is understood to have been running for about 47 years.