Processing timeline
82
days
Acquirer(s)
The Trustee for Light Them Up (Roma) Trust ABN - 17 705 523 498, BLACK RHINO (CLUB ROMA) PTY LTD ABN - 21 693 060 187
Target(s) or Vendor(s)
The Trustee for THE BARRY WALDRON FAMILY TRUST ABN - 95 506 126 845, SPEEDY COCKTAILS PTY LTD ABN - 99 619 330 255
Other parties
None listed
Black Rhino Group, via its subsidiaries, acquired the business assets of Club Hotel Motel Roma and two bottle shops in Roma, Queensland. The asset sale from Speedy Cocktails Pty Ltd and Barry John Waldron as trustee for the Barry Waldron Family Trust expands Black Rhino Group's hospitality and retail liquor operations in the region.
Black Rhino Group Pty Ltd ( BRG ) via its subsidiaries Black Rhino (Club Roma) Pty Ltd and Light Them Up (Roma) Pty Ltd as trustee for Light Them Up (Roma) Trust proposes to acquire business assets, including freehold properties and one leasehold interest, from Speedy Cocktails Pty Ltd ( SC ) and Barry John Waldron as trustee for the Barry Waldron Family Trust (collectively referred to as the Parties ). BRG proposes to acquire the following businesses in Roma, Queensland: Club Hotel Motel Roma two bottle shops (Cellarbrations at Superstore Roma, a drive-through in the Club Hotel Motel Roma and The Northern Road Bottle Shop / Bottle-O) (the Acquisition ). BRG operates hospitality venues across Victoria, South Australia and Queensland, specialising in gaming, wagering, family bistros, sports bars, retail liquor, entertainment, and accommodation. In Roma, BRG operates Royal on Ninety-Nine and a Thirsty Camel bottle shop. Club Hotel Motel Roma, operated by SC, offers on-premises hospitality services, entertainment and gaming facilities, function services and a motel that provides short-term accommodation services. Club Hotel Motel Roma also has an on-site drive-through bottle shop and an associated detached bottle shop. The Parties overlap in: the retail supply of packaged takeaway liquor products for off-premises consumption the supply of on-premises hospitality services including bar service, casual dining, entertainment and gaming facilities ancillary function/venue and catering services.