$150m Kinetic sale tops private M&A deals
Thursday, 8 July, 2021 - 15:30
Perth-based mining technology company Kinetic Logging Services has been sold for a bumper price of more than $150 million, with local investor Viburnum a big winner.
Ian (Knobby) Jones founded Independant Parts in 1990. The company has continued to evolve and grow, supplying a comprehensive range of parts for an extensive range of heavy truck and trailer models in Western Australia.
NEWS: Tagged in Maxiparts strikes deal for Independant | 14 Nov 2023 | |
NEWS: Tagged in $150m Kinetic sale tops private M&A deals | 08 Jul 2021 | |
NEW ROLE: Founder, Managing Director, Independant Parts | 08 Jul 2021 |
Perth-based mining technology company Kinetic Logging Services has been sold for a bumper price of more than $150 million, with local investor Viburnum a big winner.
Privately owned Welshpool-based truck and trailer parts business Independant Parts will be acquired by ASX-listed Maxiparts in a deal worth $27 million.
Position | Company | Year | Company's current rank | WA staff |
---|---|---|---|---|
Founder, Managing Director
|
1990 |