Squire Patton Boggs advised the consortium that has agreed to acquire the Midland Brick business from Boral Limited.
The transaction sees the iconic Western Australian business return to local ownership, under Linc Property, Birchmead (part of the CFC Group) and Fini Group.
The deal sees the brickmaking business change hands, along with close to 800 hectares of landholdings.
Squire Patton Boggs corporate partner and Perth managing partner, Tony Chong, said that the negotiations and transaction were complex. “This deal involved multiple assets and property sale agreements, along with multiple environmental approvals and licenses. It required a truly collaborative team effort to get this over the line." Partners Mark Palermo and Margie Tannock (property and approvals) and Bruno Di Girolami (labor & employment) played a significant role, as did of counsel Fiona Ellett, senior associate Charlotte Osborne and associate Blair Strickland.