Hartex Engineering is a leader in prefabricated service pits and heavy vehicle workshop systems. This acquisition cements Levanta as the leader in end-to-end heavy vehicle maintenance workshop solutions.
Mills Oakley advised Hartex Engineering on all aspects of the asset sale.
The Mills Oakley team was led by Corporate Advisory Partner Hoda Nahlous and was supported by experts Lisa Egan, Partner (IP) and Myrna Taouil, Special Counsel (IP). With additional support from Sophie Evans, Senior Associate, Chloe Kennedy, Associate, and Katie Zheng, Paralegal.
Commenting on the transaction, Partner, Hoda Nahlous said:
“Hartex Engineering is a true example of a migrant success story, being a family owned and grown business over the past 40 years.
“With the passing of the Founder, Mr Harry Minassian, Mr Minassian’s daughter, Linda Minassian a highly accomplished banking executive, stepped in to continue the dignified legacy of her father.
“For Ms Minassian, the sale of Hartex Engineering to Levanta was the perfect synthesis, ensuring that Hartex clients could continue to be serviced with the level of excellence they are accustomed to.
“It was a pleasure supporting Hartex Engineering through this significant milestone and we wish the parties all the best.”
Hamish Ferguson
Marketing Manager
T: +61 2 9121 9089
E: [email protected]