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Investors eye Cubic Mini Mix in 1st acquisition

Australian law firm Maddocks has advised a group of investors in the acquisition of concrete business Cubic Mini Mix.

September 15, 2022 • By Emma Musgrave
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Investors eye Cubic Mini Mix in 1st acquisition
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Firms: Maddocks (investor group, including Corner Capital); Undisclosed (Cubic Mini Mix)

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Deal: A group of investors, including Corner Capital, have been advised on the acquisition of Cubic Mini Mix.

 
 

Value: Undisclosed

Area: Merger and acquisition

Key players: The Maddocks team was led by commercial partner Greg Hipwell, supported by special counsel Elizabeth Lilley and lawyer Olivia Smedley.

Deal significance: Cubic Mini Mix is a concrete business based in Geelong, Victoria. It has an 11-year history and supplies concrete and related products to Geelong and the Victorian Surf Coast.

Meanwhile, Corner Capital was founded in 2019 and is supported by a number of prominent Melbourne-based investors, according to a statement provided by Maddocks.

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The group’s acquisition of Cubic Mini Mix represents its first.

Commenting on the transaction, Maddocks commercial partner Greg Hipwell said: “It was satisfying to act for all of the investors who came together as an experienced management team both operationally and financially to acquire and continue to grow a business based in regional Victoria.”

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Emma Musgrave

Emma Musgrave

Author

Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.

Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences. 

Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.

She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University. 

Email Emma on: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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