Perth, 31 March 2016: Clayton Utz has advised ASX-listed environment, waste management and industrial service provider Tox Free Solutions Ltd (ASX: TOX) in respect of its successful acquisition of 100% of the shares in Worth Corporation Pty Ltd, the owner of Worth Recycling Pty Ltd. The acquisition, which was announced on 21 March, completed today.
The total cash consideration for the acquisition was $70 million (subject to adjustments).
Clayton Utz Perth corporate partner Mark Paganin led the firm's team with support from senior associate Stephen Neale and lawyers Kaley Ohariw and Thomas Parker.