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Black Diamond Acquires Interest in Australian Supply Co.

Not Disclosed Britco Lp
AnnouncedMar 5, 2013
TypeAsset
LocationAustralia Oil & Gas
Announced Date
March 05,2013
Close Date
March 05,2013
Transaction Type
Asset




Snapshot
Location
Region
Austral-Asia

Country
Australia

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Black Diamond Group Limited has reported that an indirect, wholly-owned subsidiary of Black Diamond has completed the acquisition of the remaining 10 percent interest in the Australian modular rental business, Australian Portable Buildings Pty. Ltd. (APB) previously purchased by Britco LP, a division of WesternOne, as announced on December 21, 2012 in the joint acquisition of APB by Black Diamond and Britco.

Black Diamond paid AUD$3.81 million (CAD$3.99 million) for this interest in APB. The Company now holds 100 percent of the legacy modular rental business of APB. Britco has retained the…



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