Login
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.
Emma Musgrave
Firms: Maddocks (investor group, including Corner Capital); Undisclosed (Cubic Mini Mix)
To continue reading the rest of this article, please log in.
Create free account to get unlimited news articles and more!
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.
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.”
