Petherick Cottrell Lawyers is delighted to have assisted the founders of Orbis Mining Pty Ltd (Orbis) on the sale of 50% of the shares in Orbis to ASX-listed company, XRF Scientific Limited (XRF). The founders also granted a call option to XRF in relation to the remaining 50% of the shares in Orbis.
Orbis is a manufacturer of laboratory jaw crushers, primarily used in the mining sector and has a blue-chip customer base. The business was founded in 2014 and is currently based in Mandurah, Western Australia.
We are proud to represent local business owners on transactions such as these and wish them further success in the future.