Processing timeline
27
days
Acquirer(s)
AVC OPERATIONS PTY LIMITED ABN - 81 607 832 299
Target(s) or Vendor(s)
SHED 4 (VIC) PTY LTD ABN - 79 138 533 605, DOG AT THE BRIDGE PTY LTD ABN - 56 161 759 959
Other parties
Australian Venue Co. Holdings Limited
AVC Operations Pty Ltd, a subsidiary of Australian Venue Co. Holdings Limited, is acquiring substantially all assets of two Melbourne licensed hospitality businesses: The Boatbuilders Yard and General Assembly. These pub sites, currently owned by Shed 4 (Vic) Pty Ltd and Dog At The Bridge Pty Ltd (associated with Riverland Group), add to AVC's extensive portfolio of over 200 venues.
AVC Operations Pty Ltd ( AVC ), a subsidiary of Australian Venue Co. Holdings Limited, applied for a notification waiver in respect of its proposed acquisition of substantially all of the assets of two licensed hospitality businesses in Victoria, being: (i) the business trading as The Boatbuilders Yard ( BBY Business ); and (ii) the business trading as General Assembly ( GA Business ), as described in the transaction documents provided as part of the application (together, the Acquisition ). The acquirer, AVC, operates over 200 licensed venues throughout Australia and New Zealand, primarily pubs, as well as some bars, clubs and licensed restaurants. AVC's venues are individually branded and are mostly located in inner-city and metropolitan areas, offering a range of products and services including food, alcoholic and non-alcoholic beverages, function rooms, live entertainment and gaming facilities. The BBY Business and the GA Business are standalone pub sites. The BBY Business and the GA Business are currently owned and operated by Shed 4 (Vic) Pty Ltd and Dog At The Bridge Pty Ltd respectively ( Vendors ). The Vendors are associated with the Riverland Group, a retail hospitality group that operates licensed venues across Victoria (primarily in Melbourne, as well as one business in South Australia) comprising primarily of pubs, bars and licensed restaurants.