Transactions

Total Tools – sale of additional stake to Metcash / Mitre 10

Miles Advisory Partners advised the shareholders of Total Tools on the sale of an additional stake to Metcash / Mitre 10.

Transaction Details

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Sector
Consumer
Miles Role

Sell-side advisor to the shareholders of Total Tools

Deal Type

Business Divestment

Year Completed

Contacts for this Transaction
Lloyd Way
Managing Director
Contact Lloyd Way

Overview

  • Total Tools is the franchisor to Australia's largest professional tools retail network, with a national store footprint serving trade and commercial customers
  • Following Metcash's initial majority investment, Miles was engaged to advise the shareholders of Total Tools on the sale of an additional stake to Metcash / Mitre 10
  • The transaction increased Metcash's ownership of Total Tools, advancing the staged pathway toward full ownership established under the original arrangements