Contract Resources clinches key condition for $377m sale

Contract Resources clinches key condition for $377m sale

The $377 million sale of a fast-growing, Perth-founded industrials business to Cleanaway Waste Management has clinched a key approval.

Cleanaway acquisition of Contract Resources not opposed - Trailer Magazine

Image: Cleanaway.The Australian Competition and Consumer Commission (ACCC) will not oppose Cleanaway Waste Management’s acquisition of Contract Resources Group Pty Ltd. Cleanaway proposes to acquire 100 per cent of the shares in Contract Resources. Contract Resources is a specialist provider of industrial services for complex and high value assets in the energy and oil and gas sectors. The business’ majority shareholders are two private equity f…