Hall & Wilcox advises sellers of Dandy Premix on $85 million sale to Maas Group Holdings Limited

Hall & Wilcox has advised the sellers of Victorian integrated construction materials business Dandy Premix on the $85 million sale of the business to Maas Group Holdings Limited, a national supplier of Australian construction materials, equipment and services.

Hall & Wilcox advised the sellers of Dandy Premix on all legal aspects of the transaction. The deal is significant as it shows the confidence of a national player, Maas Group, at a time when there are high levels of infrastructure investment in Victoria.

Partner Ed Paton and Special Counsel Nicole Tumiati led the deal team, 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. The firm worked closely with Progression Group Managing Director Nicholas Zoch and Senior Accountant Rodney Leeson, as business advisors to the Vendor.

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.’

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.

Hall & Wilcox is a leading independent law firm. We have more than 950 people, including approximately 120 partners, working across eight offices. We build partnerships with and service corporate, public sector and private clients, both Australian-based and those offshore doing business in Australia.