| |
On taking charge, Kean knew that Boral did not have strong representation in Western Australia. In 1987 Boral had purchased Calsil's masonry operations Australia-wide. This company, based in Western Australia, was the market leader in that state. A further opportunity came along when Bond Corporation bought Bell Resources from Holmes a Court and promptly set out to sell off the quarrying, concrete, asphalt and transport operations as Bell Basic Industries. Boral eventually bought the company, a move that took them into Western Australia in the resource and transport industries on a large scale. Kean recalls having some hair-raising discussions with Bond Corporation executives while negotiations were in progress. He said, 'Deals were made on the end of the telephone, with no documentation whatsoever.' |
|
|
|