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BIG RIVER INDUSTRIES LIMITED — M&A Activity 2017
Sep 5, 2017
64561_rns_2017-09-05_6c43ecdd-4828-4b97-afa4-19c33ffd7fb6.pdf
M&A Activity
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ASX Announcement
5 September 2017
Big River completes the acquisition of Midcoast Timbers
Big River Industries Ltd (ASX: BRI) is pleased to announce that it has completed the earnings accretive acquisition of Midcoast Timbers, located at Burleigh West on the Gold Coast, Queensland, effective Monday 4[th] September 2017.
Midcoast Timbers has been established for over 20 years, and provides Big River with an excellent platform to supply the diverse construction segments of the Gold Coast. With a strong reputation for customer service, Midcoast will be further enhanced by expanding the product range to include the differentiated products manufactured and distributed by Big River.
Jim Bindon, Managing Director of Big River Industries Limited said ”The continued growth of Big River, not only provides new and existing customers with a broader network of distribution points, but it also provides opportunities for our key suppliers to grow alongside Big River, and expand their market reach”.
For more information, please contact:
Jim Bindon (CEO) [email protected] +61266440903 Steve Parks (CFO) [email protected] +61266440922