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AMCLA Pty Ltd &
HGL Ltd
Update Date: 09/01/08
Date Announced: 04/01/05
Value (million $USD): 3.9 million U.S. Dollar
5.0 million Australian Dollar
Status: Completed
TRANSACTION DETAILS
Date Announced04/01/05
Date Originally Announced04/01/05
FormatAcq. of AssetsAcquisition techniquesNot Applicable
AttitudeFriendlyAgencyn/a
Value3.9 million U.S. Dollar
5.0 million Australian Dollar
Advisor Feesn/a
SYNOPSIS
AUSTRALIA - HGL Ltd acquired AMCLA Pty Ltd, a pharmacy and promotional product wholesaler, for 5 mil Australian dollars ($3.864 mil US). The consideration consisted of A$4 mil ($3.091 mil) and up to A$1 mil ($0.773 mil) in profit-related payments.
TARGET
NameAMCLA Pty Ltd
IndustriesDurable goods, nec
CityArtarmon, New South Wales
Staten/a
NationAustralia
Incorporated inn/a
Public StatusPrivate
Business DescriptionWholesale pharmacy and promotional products
AdvisorsNULL
Target Salesn/a
ACQUIROR
NameHGL Ltd (Australia : HNG)
Industriesn/a
CitySydney, New South Wales
Staten/a
NationAustralia
Incorporated inn/a
Public StatusPublic
Business DescriptionHGL Ltd, located in Sydney, is an investment company. It invests in and develops the potential of small and medium sized businesses. Investment is specialized and currently focused into enterprises that import branded goods and in funds management businesses. Currently HGL owns 12 businesses and is a significant shareholder in two funds managers. The company was founded in 1904.
AdvisorsNULL
Acquiror Sales78.9 million U.S. Dollar
108.5 million Australian Dollar
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