find the latest legal job
Senior Associate - Litigation & Dispute Resolution
Category: Litigation and Dispute Resolution | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Come work for a firm ranked in Lawyers Weekly Top 25 Attraction Firms
View details
Associate - Workplace Relations & Safety
Category: Industrial Relations and Employment Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Employer of choice · Strong team culture
View details
Freelance Lawyers
Category: Banking and Finance Law | Location: All Perth WA
· Freelance opportunities through Vario from Pinsent Masons
View details
Freelance Lawyers
Category: Other | Location: All Adelaide SA
· • Qualified lawyer with a strong academic background
View details
Freelance Lawyers
Category: Other | Location: All Melbourne VIC
· • Qualified lawyer with a strong academic background
View details
Middletons acts on Qube Ports $119m deal

Middletons acts on Qube Ports $119m deal

Middletons has advised Qube Ports in acquiring Giacci Holdings for $119m, plus another $26m in assumed shareholder debt.

Middletons has advised Qube Ports in reaching a binding agreement to acquire Giacci Holdings for $119 million, plus another $26 million in assumed shareholder debt.

Speaking after the completed deal, the firm’s transport, logistics and defence group said the geographic location of Australia has led to Australian companies being at the forefront of multi-modal transport systems involving land, sea and air transport.

The transaction involved the acquisition of the Giacci group of companies – a business based in Bunbury, Western Australia with operations in WA, South Australia and New South Wales.

Lead partner and member of Middletons' transport, logistics and defence group, Michael Neylan, said the acquisition of allows Qube to “penetrate upstream in the transport chain from port to mine, thus providing a whole of supply chain service to the market”.

Neylan said this is attractive to large miners who have complex and overlapping freight tasks.

The acquisition of the Giacci group includes a strategic land bank of properties in the Bunbury area. Neylan said this would bring Qube prospects for industrial development as Bunbury becomes more significant as a transport hub.

Giacci has built its business in the mining industry, specifically in mineral haulage and handling, providing mine to port solutions for the majority of its customers and, in most cases, assuming full responsibility for the supply chain.

Qube Ports operates bulk, non containerised stevedoring facilities around Australia, particularly in WA which is a focal area for the export of mineral products.



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

Middletons acts on Qube Ports $119m deal
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Lawyers slam rushed consultation for SA repeat offenders bill
The Law Society of South Australia has expressed concern for a proposal to roll out new laws amendin...
The pursuit of happiness in the law
A panel of legal experts have explored how to define success in the legal profession, and how lawyer...
Queensland University of Technology, ruby milestone
Queensland law school reaches ruby milestone
Celebrating 40 years since establishing a law course in 1977, the Queensland University of Technolog...
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'...
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...
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 & ...