Baby goods company Mothercare has been placed in administration after a planned sale to the Myer family company fell through.
In mid-November, Mothercare Australia agreed to takeover deal by the Myer Family Company Holdings (MFCo), which would see the Myer family's business acquire the whole of the baby care retailer.
Mothercare Australia's shareholders agreed to the deal on December 17, but it was subject to a number of conditions being met.
On January 29, the administrators say MFCo terminated the deal, saying some of the conditions had not been met.
As a result of the MFCo takeover falling through, the board of Mothercare Australia appointed Brian Silvia and Antony Resnick from BRI Ferrier as administrators on Tuesday evening.
The businesses now under their administration include Mothercare Australia, Skansen and Baby on a Budget.
The administrators say they are conducting an urgent assessment of the financial affairs of all the companies, but trading will continue for now.