Midland Brick

Midland Brick founder, the late Ric New, has been honoured for his influence on Western Australia’s building industry, receiving the Master Builders Association’s Robert Law award.

The six-month Plus Eight accelerator program reached its 2018 culmination last night, as seven startups pitched their growth and expansion plans to a sold-out audience.

Midland Brick is coming back into Western Australian ownership, with a consortium featuring Fini Group, Linc Property and Birchmead acquiring the brickmaker from ASX-listed building products supplier Boral for $86 million.

SPECIAL REPORT: The September quarter update to the BNiQ deals database shows that UBS, Sternship Advisors and Azure Capital have been the most active corporate advisers in the Western Australian market.

Boral boss Mike Kane has announced he is standing down after the company confirmed staff at its North American windows business had inflated earnings figures over a 20-month period.

BGC Australia has reached an agreement with the consortium that acquired Midland Brick last year to buy the brand and its manufacturing operations.

BGC Australia’s move to acquire Midland Brick has been given the all clear by the consumer watchdog.

BGC Australia has completed the transaction to acquire Midland Brick, assuming management control of its staff and manufacturing operations.

Adrian Fini and Ben Lisle led property developer Hesperia has launched its first master-planned community in Viveash, as it signs a zero carbon commitment following the Glasgow climate summit.

The state’s second largest brick maker has reported a half yearly profit of $581 million but says its WA operations are a drag on performance.

Limitless: For more than a century, scientists believed the western swamp tortoise was extinct.

The homebuilding sector has a strong outlook, but there are still challenges to overcome.

With the Georgiou family close to selling its namesake company, we look back at major family business sales in WA and how much they raised.