Middletons acted for the privately owned logistics company CRT Group on its recent sale to Queensland Rail (QR). The sale of CRT, which had existing service supply arrangements with QR, was unique in that it was the first time a Queensland government business enterprise had bought a privately owned family business. “There aren’t many business sales going in this direction,” Middleton’s partner Sebastian Greene said. “Given the monumental developments within the logistics industry over the past two to four years, this transaction is one of great significance.” With a high level of consolidation currently taking place in the Australian rail freight industry, the CRT acquisition provided a major impetus to QR’s strategy to become an even larger force in the national freight and logistics market. “In this context the acquisition of CRT demonstrates great weight of value for both parties given that terminal space within Melbourne is extremely difficult to secure,” Greene said. Corrs Chambers Westgarth represented QR.