Scott Group acquires Caltex Australia fuel business

JWS acts for Scott Group of Companies in
Caltex Australia fuel business purchase
17 June 2014
JWS has acted for the Scott Group of Companies on all aspects of the sale of its fuel
retailing and distribution business to Caltex Australia.
The $95 million transaction took over a year to negotiate and complete, with Caltex
assuming control of Scott’s Agencies’ and Sabadin Petroleum’s 28 retail sites and 18
depots.
The Scotts’ fuel retailing and distribution business operated across regional South Australia,
Victoria, New South Wales and Northern Territory.
Caltex is the leading transport fuel supplier and convenience retailer in Australia, and the
only integrated oil refining and marketing company listed on the ASX. This acquisition
complements Caltex's existing national network and is consistent with Caltex's strategy of
being Australia's leading transport fuels provider.
The transaction was subjected to a three month review by the Australian Competition and
Consumer Commission, which did not oppose the transaction after accepting an
undertaking from Caltex to sell four retail fuel sites in South Australia and Victoria.
Maddocks advised Caltex on corporate and property aspects of the transaction, while
Gilbert + Tobin advised Caltex on competition law aspects of the transaction.
The JWS team included James Marshall (corporate), John Kench (competition), Richard
Gelski (taxation) and Ruveni Kelleher (employment).
Johnson Winter & Slattery details
Johnson Winter & Slattery is an independent commercial law firm representing Australian
and international clients on their most strategic, complex and demanding transactions and
disputes throughout Australia and surrounding regions.
Media contacts
Peter Slattery, Managing Partner
Phone: +61 (2) 8247 9616
Mobile: +61 419 819 348
Email: [email protected]
MEDIA RELEASE
Marc Walker, Business Development Director
Phone: +61 (2) 8247 9659
Mobile: +61 429 781 680
Email: [email protected]
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