Business magnate Warren Buffett's Freo Group is suing global manufacturer Vestas for allegedly abandoning plans to partner on the $317 million Dulacca Renewable Energy project.
Warren Buffet-backed Canadian company Sterling Crane has acquired Western Australian business Freo Group and its Queensland subsidiary Global Crane in a deal likely to be worth about $160 million.
Freo Machinery is a long-established provider of crane hire, concrete sawing and drilling, heavy haulage road trains, logistical support and civil construction services to industry across Western Australia.