Elders Expands NSW Presence with Strategic Acquisition of Ray White Tamworth
Deal News | Nov 04, 2024 | EIN
Elders has expanded its presence in New South Wales by acquiring Ray White Tamworth, a recognized name in the regional real estate market. Announced on November 1st, the acquisition will result in Ray White Tamworth being rebranded as Elders Real Estate Tamworth while continuing operations from its current location at 247 Peel Street. This strategic move by Elders strengthens its position in the NSW real estate sector and underscores its commitment to growth through acquisitions.
Sectors
- Real Estate
Geography
- Australia – Both Elders and Ray White Tamworth are operating in Australia, with the focus on New South Wales.
Industry
- Real Estate – The article discusses the acquisition of a real estate company, indicating it is the primary industry involved.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Elders | Bidding Company | Company | An Australian agribusiness that also operates in real estate, expanding its reach by acquiring Ray White Tamworth. |
| Ray White Tamworth | Target Company | Company | A well-recognized real estate company in Tamworth, New South Wales. |