Stay updated with breaking news from Spotless Laundries. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Adamantem Capital is seeking to raise $350 million for a new fund to invest in a sector that co-founder Rob Koczkar says is overlooked by most PE players because of its uncertainty.
Private equity shop Adamantem Capital is getting into the fast-growing world of vegan friendly beauty products.
Bids land for Downerâs $200m mining services arm Save Share Downer Group has received offers for its up-for-sale Open Cut Mining East arm. Street Talk understands bids for the $3.8 billion companyâs Open Cut Mining East division have started flowing in, with offers around the $200 million mark. The Macquarie Capital-run auction is understood to be shaping as a three-horse race between Mark Rowsthornâs Rivet Group, Indian player AvidSys and Indonesian mining contractor Buma. Sources reckoned the international players had their noses in front, however Rivet hasnât given ...
Downer shops $244.4m yearly hospitality contracts to rivals Save Share ASX-listed Downer Group is cooking up a deal to exit the hospitality sector. Street Talk can reveal Downer has started shopping a bucket of 210 hospitality sector contracts in its Spotless Group arm to rival services companies, pitching it as a âlow concentration portfolioâ across Australia and New Zealand. Downerâs contract to provide catering services at Sydneyâs Taronga Zoo is included in a portfolio of up-for-grabs contracts. Â Kate Geraghty Downer said the up-for-grabs portfolio was likely to pr...