find the latest legal job
Corporate/Commercial Lawyers (2-5 years PAE)
Category: Corporate and Commercial Law | Location: Adelaide SA 5000
· Specialist commercial law firm · Long-term career progression
View details
Graduate Lawyer / Up to 1.5 yr PAE Lawyer
Category: Personal Injury Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Mentoring Opportunity in Regional QLD · Personal Injury Law
View details
Corporate and Commercial Partner
Category: Corporate and Commercial Law | Location: Adelaide SA 5000
· Full time · Join a leading Adelaide commercial law firm
View details
In-house Legal Counsel & Commercial Lawyers
Category: Corporate and Commercial Law | Location: All Sydney NSW
· Providing lawyers with flexibility and control over when they work, how they work and who they work for.
View details
In-house Legal Counsel & Commercial Lawyers
Category: Corporate and Commercial Law | Location: All Melbourne VIC
· Providing lawyers with flexibility and control over when they work, how they work and who they work for.
View details
NQ’s largest privately owned stevedoring business sold

NQ’s largest privately owned stevedoring business sold

Sold

One of South Australia’s leading port services group has acquired the largest privately owned stevedoring business in North Queensland.

Firm: Holding Redlich (Flinders Port Holdings); Undisclosed (Townsville Bulk Storage & Handling)

Deal: Flinders Port Holdings has acquired Townsville Bulk Storage & Handling.

Value: Undisclosed

Area: M&A

Key players: The legal team advising Flinders Port Holdings was comprised of Holding Redlich partners Scott Alden, Harry Kingsley, Nathan Cecil and Stephen Trew.

Deal significance: Flinders Port Holdings is described as South Australia’s leading port services group, and owner of Flinders Ports, Flinders Logistics and Flinders Adelaide Container Terminal – the state’s only container operator.

This deal sees Flinders Port Holdings acquire 100 per cent ownership interest in Townsville Bulk Storage & Handling, which is the largest privately owned stevedoring business in North Queensland.

According to a statement from Holding Redlich, the acquisition will fast-track Flinders’ expansion outside South Australia and significantly increases its network.

“This was a complex transaction involving a number of specialists at Holding Redlich, and it was particularly rewarding to work closely with the Flinders’ internal team comprising Adam Cooper (legal), Mark Travers (financial) and Andrew Pellizzari (operational),” said lead partner for the deal, Scott Alden.

“The newly acquired business ‘Flinders TBSH’ will go from strength to strength, assisted greatly by the vendor’s continued involvement in the coming years.”

 

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

NQ’s largest privately owned stevedoring business sold
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Jackie Rhodes
Dec 12 2017
Report sheds light on LGBTQI inclusion in law firms
A recent report has revealed the varying perceptions on LGBTQI diversity and inclusion in the Austra...
Women in business
Dec 12 2017
Annabel Crabb headlines Women in Business Forum
Political journalist Annabel Crabb has appeared at the Coleman Greig Lawyers Women in Business Forum...
Dec 11 2017
Warm welcome for new district court judges
Three practitioners who were appointed as district court judges in WA have been congratulated by ...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...