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Dandy Premix sold to Maas Group Holdings
Hall & Wilcox has advised the sellers of Dandy Premix on the $85 million sale of the business to Maas Group Holdings Limited.
Emma Musgrave
Firms: Hall & Wilcox (Dandy Premix); Progression Group (Maas Group Holdings Limited)
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Deal: Maas Group Holdings Limited has acquired Dandy Premix.
Value: $85 million
Area: Merger and acquisition
Key players: The Hall & Wilcox team was led by partner Ed Paton and special counsel Nicole Tumiati.
The pair were supported by lawyer James Jessup and a cross-practice Hall & Wilcox team, including partners Michael Parker, Emily Kyriacou, Meg Lee, Mark Dunphy and Jim Koutsokostas and their teams.
Deal significance: Dandy Premix is a Victorian integrated construction materials business.
According to a statement from Hall & Wilcox, Dandy Premix started as one of the foremost independent suppliers of premixed concrete in the south-east of Melbourne.
It is a family-owned integrated construction materials business with over 30 years of experience in the production and supply of quality premixed concrete, the firm flagged.
Meanwhile, Maas Group Holdings Limited is a national supplier of Australian construction materials, equipment and services.
Commenting on the deal, Hall & Wilcox lead partner Ed Paton said: “We are very pleased to have advised on the sale of this transaction and are proud to have offered a truly cross-practice legal service.
“This deal required the expertise of a broad range of legal advisors from Hall & Wilcox who worked collaboratively to provide what we know is a market-leading client experience.”
