Deals

Former test cricketer Wally Edwards has clinched a $160 million price for his Holman Industries irrigation brand from global plumbing player Reliance Worldwide Corporation.

A $35 million sale of the heritage-listed Cottesloe Deaf School has been finalised, with the site on Curtin Avenue earmarked for an aged care facility project.

Mark Scherrer, who founded aerospace equipment manufacturer Ferra Engineering, has spent $12.5m on a 769ha of land in Scott River.

The Adina Hotel on Barrack Street has been flagged for a refurbishment by its new owners, Sydney-based boutique fund manager Serene Capital.

The machinery group has purchased 5.2ha of vacant industrial land in Forrestdale from a syndicate that includes the Della Bona family.

The $3.7 million asset was sold to an eastern states investor.

Transport companies have swooped in on bus depots in Canning Vale and Midvale.

The Subiaco-based developer has bought two lots that were held by the Roche family for several decades.

Bunnings warehouses landlord BWP Trust has flagged a merger with Newmark Property in a $250 million deal set to create an 84-asset portfolio worth $3.5 billion.

German luxury automotive manufacturer Mercedes-Benz has inked a $30 million deal with Perth company NeoMetals to buy a battery materials refinery asset.

The acquisition brings the national property fund manager’s WA hotel acquisitions to $66 million.

Ian Trahar has moved to take full ownership of environmental services company CO2 Australia, which was demerged from Seafarms Group more than five years ago.

The Perth industrial developer has bought a Kwinana property for $5.59 million.

Funds manager Greenpool Capital has bought northern suburbs neighbourhood centre Dianella Plaza for $76 million, flagging possible expansion plans.

BCI Minerals has secured a syndicated facility agreement for its Mardie salt project near Karratha, with nearly $1 billion locked in for the under-construction asset.

Allkem shareholders have given the tick of approval for the major merger with Livent Corporation to form Arcadium Lithium valued at $16 billion.

ASX-listed Monash IVF Group is set to acquire a majority interest in reproductive care clinic Fertility North under a $12 million deal, growing its foothold in the Perth market.

Global lithium major SQM has moved on more lithium assets in Western Australia after striking a $10 million deal to acquire a stake in Novo Resources’ Pilbara tenements.

Gina Rinehart’s Hancock Prospecting has partnered with Chilean lithium giant SQM in a new $1.7 billion bid for lithium takeover target Azure Minerals.

Gina Rinehart’s S.Kidman & Co has bought Rossi Boots in its second splash into the Australian fashion market just weeks after picking up iconic brand Driza-Bone.

A family unit trust has sold the asset to two general practitioners for $2.23 million.

The multinational beverage giant bought the asset back from its landlord Charter Hall.

Genesis Minerals has paid $53 million for two gold projects under a deal with Kin Mining, adding to the mid-tier goldminer’s consolidation of assets in Leonora.

Perth-based Noble Helium plans to tap investors for $14 million to fund exploration at its helium assets in Tanzania.

A four hectare-sized piece of land in Wanneroo that includes a former wedding reception centre has sold for more than $5 million.

Ascot Capital director David van der Walt has bought a 40ha site adjoining Wills Domain.

Privately held Chemist Warehouse has agreed to merge with Sigma Healthcare in a deal that will create a retailer worth around $9 billion.

Listed seniors accommodation provider Eureka Group has cemented a $44 million acquisition for a portfolio of six rental villages across Western Australia.

The buyer circling Tietto Minerals has slammed its takeover target for downgrading its production guidance and not providing further cost details for its flagship project in West Africa.

A Sydney investor and property developer has purchased the Victoria Street asset.

Evolution Mining has inked a binding agreement to acquire a major interest in a copper and gold mine in New South Wales under a $720 million deal.

A West Perth building that formerly housed Thompsons fashion retailer has been sold for $2.3 million, changing ownership for the first time in almost a century.