4 December 2017
LE Whittaker and Sons Pty Ltd (OZtrail) announced today that its shareholders have reached an agreement to enter into a sale transaction with a consortium led by Odyssey Private Equity (Odyssey), Vanessa Garrard and Dr Glen Richards. The terms of the transaction are confidential.
As part of the transaction, Odyssey will acquire a controlling interest in the well known and love, third – generation Australian outdoor leisure products business. Founded in 1989, the Business has a strong track record of product innovation and growth through retailers both domestically and internationally, including in over 9 countries. Following the transaction, Oztrail will continue to operate out of its Brisbane Head Office located in the TradeCoast precinct.
Read more about Odyssey Private Equity Fund 8