23 December 2021

Merkin Advisory Pty Ltd is pleased to announce that its client, Crestnut Products Ltd (“Nutworks ”) of Yandina, Queensland, has closed its acquisition of certain assets, goodwill and Intellectual Property of Fresh Macadamia Company Pty Ltd (“Fresh Mac”) simultaneously with a separate  acquisition of, and conclusion of  a 20 year lease  of the premises previously owned by Cooroy Nut Company Pty Ltd  (“Cooroy Nut Co”) in Cooroy, Queensland.

Merkin Advisory originated, was lead negotiator and acted as advisor to Nutworks on the transactions.

Nutworks is a major  supplier of macadamia nut in shell, kernel, flavoured nut products and confectionery. Located in Yandina on Queensland’s Sunshine Coast, Nutworks  are an Australian company internationally recognised for their commitment to quality and innovation. Nutworks supply supermarkets, duty free and tourism outlets nationally, and also export  macadamia nut in shell, raw and flavoured macadamia products.

Sean Rothsey, Chairman of Merkin Advisory , said: “We are proud to have assisted Nutworks on these  successful acquisitions, the             second and  third transactions that we  have executed recently for Nutworks. This reaffirms our  expertise in M&A, debt advisory, deal structuring,  M&A and property origination and the  transactions bode  well on Nutworks ability to manage their increased processing requirements over the next few years and to build value in their growing business.”

Read the full media release here  : MAPL.2022.Merkin Advisory Pty Ltd advises Crestnut Products