King & Wood Mallesons (KWM) is delighted to have advised Heidelberg Materials to purchase the Midway Concrete business from entities associated with founder David Boxshall.
The transaction enables Heidelberg Materials to expand its concrete business and positioning in the Victorian construction sector, with Midway Concrete operating four concrete plants across Laverton, Craigieburn, Melton and Lara. It also provides a successful founder exit for David.
The KWM team was led by Partner Adrian Perkins with support from Senior Associate Paul Kramer, Solicitor William Li and Special Counsel Tracey Jordan.
Reflecting on the transaction, Adrian Perkins commented:
“Successful founder exits often require a blend of commerciality, sector expertise and creative thinking. We are delighted to have again supported Heidelberg Materials on its growth strategy in the Australian industrials sector”.
