Above: Matt Aitken, CEO, IVE Group

IVE has confirmed it has finished production at the Warwick Farm production facility owned by the Hannan family following the Ovato acquisition.

“We finished production at Warwick Farm producing catalogues and magazines just prior to Christmas,” Matt Aitken told Sprinter.

“We have been very open throughout the whole process and the original plan was always to move this work to IVE production facilities at Silverwater and Huntingwood in Sydney and Sunshine in Melbourne,” he said.

“We have employed a lot of Ovato staff since the acquisition, and whilst unfortunately some staff have been made redundant many have also been retained and redeployed”

IVE completed its $16 million acquisition of Ovato in September 2022 two months after Ovato entered voluntary administration.

At the time, IVE confirmed there would be an 18-month integration process. In 2019, Ovato unveiled a $20 million investment at its Warwick Farm ’supersite’ where it employed 450 people and operating 24 hours a day

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