Meneghello Industrial Group acquires GB Galvanizing
BDO has advised Meneghello Industrial Group (Meneghello) on its acquisition of GB Galvanizing (GBG), a Victorian-based provider of hot-dip galvanizing services for structural and general steelwork.
Established in 1971, Meneghello is a family-owned Western Australian business and integrated steel services group, specialising in galvanizing, abrasive blasting, industrial blasting, rubber lining, customer bolt manufacturing and support fabrication services.
The acquisition strengthens Meneghello’s national presence and expands its operations to Australia’s east coast through GB Galvanizing’s facilities in Bayswater and Dandenong, Victoria.
BDO made the complexities of this transaction manageable. Their team was thorough in their diligence work and kept us on track throughout the process. They explained things clearly, delivered on their timelines and provided valuable input on the transaction. I would highly recommend the BDO team to anyone who is seeking financial and tax advice for an upcoming diligence process.
BDO’s deal advisory and tax teams were proud to support Meneghello with financial due diligence, tax due diligence and SPA advisory services. The team included:
- Sebastian Stevens, Brian Tin, David Chen, and Blessing Dondo (providing financial due diligence and SPA advisory)
- James Momsen, Dong Su Kim, Fady Abi Abdallah and Jose Navarro (providing tax due diligence and SPA advisory).