Media Announcement
| September 2011 |
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Quadrant Private Equity has signed an agreement to acquire Burson Auto Parts (Burson) from its co-founder, now majority shareholder and Managing Director Garry Johnson and other shareholders for a price of $148 million. Garry Johnson and existing senior management will retain a stake in the business. Darryl Abotomey will join Burson as its new CEO and will also invest in the business. Darryl has a strong background in the automotive industry having worked with the Exego/Repco group for four years. |
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For further information please see Media Announcement. |
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Quadrant Private Equity Pty Limited ABN 52 114 334 280 AFSL 291537 Level 30, Deutsche Bank Place, 126 Phillip Street, Sydney NSW 2000 T: + 61 2 9221 3044 F: +61 2 9221 8447 |
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