Questas Group sold Waratah Engineering to HBT GmbH
Divest Merge Acquire advised the owners of Questas Group in their successful sale of Waratah Engineering to HBT GmbH.
Divest Merge Acquire advised Questas Group in the divestment of Waratah Engineering, a manufacturer and overhauler of underground mining equipment. Waratah Engineering was acquired by HBT GmbH, a German based mining equipment company.
About Waratah Engineering
About HBT GmbH
The team at DMA ran a thorough and exhaustive marketing campaign for the business but were mindful of our preference for discretion. Interactions with potential purchasers were tracked and managed efficiently and transparently. The due diligence and transaction negotiation processes were handled professionally with the team being highly responsive to the needs of the various stakeholders. Ultimately, they achieved our key objectives of speed, certainty and value maximisation and it was a great experience working with them.
The team at DMA created a professional information memorandum that articulated business performance and inherent value in a clear and concise manner. The professionalism of the team throughout the negotiation process was evident and the team approached the process in a fair and equitable manner understanding both seller and potential buyer perspectives.