Russell Kennedy Lawyers advised the sellers on the transaction.
E.B. Mawson & Sons Proprietary Limited acquired the substantial NSW quarrying and concreting business’ from Milbrae Business Group.
Founded in 1969, the Milbrae business group consists of 13 quarries and seven fixed concrete plants, with its head office in Leeton, New South Wales. Milbrae is a leading supplier of necessary materials for local building and infrastructure construction throughout the Riverina region of New South Wales. It also provides contract crushing services to the mining sector.
The Buyer, Mawsons, is a 50:50 joint venture between a subsidiary of ASX listed AdBri Limited and BA Mawson Pty Ltd, which operates a large number of quarries and concrete plants throughout regional Victoria and southern New South Wales.
Russell Kennedy’s team was led by Rohan Harris (Picture), Principal (Corporate Advisory / M&A) with assistance from Ellen O’Neil, Senior Associate (Corporate Advisory / M&A), Julian Peters, Special Counsel (Property & Development) and Anna Shilova, Associate (Property & Development).
Law Firms: Russell Kennedy Lawyers;
Clients: Milbrae Business Group;