Acquisition Criteria
HGL is pursuing organic growth and growth by acquisition. If you know of a brand or a business that may be of interest to HGL please contact Michael Mahoney or Andrew Whittles on +612 9221 7155 or michaelmahoney@hgl.com.au or andrewwhittles@hgl.com.au
Our acquisition criteria are summarised below:
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Pre-tax profit of $2.0 million to $5.0 million
HGL is seeking established businesses with a track record of profitability. Businesses with less than $2.0 million of pre tax profit are of interest where the business can be integrated into one of our existing operations. HGL targets a long term return on capital employed of 20%.
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Business type
Distributor of branded products for specialist markets, this may include an element of light manufacturing.
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Fees
HGL will pay an appropriate fee where a successful transaction occurs.

