Hall & Wilcox advises on sale of $70 million quarry business

Hall & Wilcox has recently advised the owners of Casacir Pty Ltd on the sale of their shares in the company, which operates a number of quarries in Eastern Victoria, as well as acting on the sale of the sites at which certain hard rock quarries are situated, in a deal worth approximately $70 million.

The buyer is a controlled entity of the ASX-listed Maas Group Holdings Limited, which also acquired the Victorian Dandy Premix quarry business in 2022 (Hall & Wilcox advised the seller in that transaction).

Hall & Wilcox advised on, and prepared and negotiated, the share sale and purchase agreement, property contracts of sale and security/mortgage documents, before attending to completion/settlement of the transactions.

A cross-practice team worked on the matter, led by Partner James Morvell and Special Counsel James Bull, and including Partner Natalie Bannister, Special Counsels Audrey Leahy and Jeanette Lui, Lawyers Meher Kyani and Georgia Macri and Paralegal Ross Burnett.

James Morvell said, ‘It was a pleasure to assist Casacir’s shareholders on this sale, and to work with parties and advisers who all strove to achieve a successful transaction outcome for both sides. The cross-practice Hall & Wilcox team worked seamlessly to ensure that the corporate, real estate and financing aspects of the interdependent transactions all ran smoothly and in accordance with the deal timetable.’

Hall & Wilcox is a leading independent law firm. We have more than 1000 people, including 130+ partners, working across eight offices. We build partnerships with and service corporate, public sector and private clients, both Australian-based and international.