Firm advises on $203m mining acquisition

A major firm has advised on the $203m acquisition of a nationwide mining business.

King & Wood Mallesons has advised on the $203m acquisition of Fletcher Building’s Rocla Quarry Products business by Hanson Construction Materials.

Rocla Quarry Products, a supplier of building and construction sands, operates 12 sand quarries in Perth, Adelaide, Melbourne and Sydney, as well as small sites across Australia.  The company has a 50 per cent interest in joint venture operations in Mt Marrow, Mittagong and Cowra quarries.

Acting for Hanson Construction Materials, the complex acquisition was led by Sydney M&A partner Adrian Perkins.
KWM enjoys a long standing relationship with Hanson and I am delighted that we were able to partner with Hanson to pursue its growth strategy,” said Perkins. 

“I am particularly pleased that we could capitalise on our multi-jurisdictional expertise and capability in the mining sector to deliver a winning edge for Hanson in the bid process.”

The deal was complex due to the mix of assets operating in different states.

Recent articles & video

US law school deans commit to training advocates for democracy

Afghanistan Independent Bar Association in Exile joins International Bar Association Council

UK study reveals challenges faced by bereaved families at inquests

HWL Ebsworth unveils board of partners

Seven ascend to Hall & Wilcox partnership in huge promotions round

W+K makes Asia debut with Singapore office

Most Read Articles

NSW justice system welcomes new judges

New chair takes the lead at Barry Nilsson

HWL Ebsworth partner makes the switch to McCullough Robertson

Ashurst boosts Perth office with strategic partner hires