MEDIA RELEASE: Thursday 30 September 2021
Advisory and Legal Joint Venture Facilitates a Building Purchase for One Direct Connect (Holding Company for Meals on Wheels Central Coast)
The PBL Law and One Direct Advisory Joint Venture is pleased to have been of assistance to One Direct Connect Limited, with its main trading arm being Meals on Wheels Central Coast, to facilitate the purchase of the adjoining Building to their existing Factory Unit, in Pioneer Avenue, Tuggerah Business Park.
This purchase will allow One Direct Connect to expand their existing Meals on Wheels Central Coast operation, and will provide much needed additional parking, a shop front, enhanced staff accommodation, freezer space, and truck garaging.
The Joint Venture advised One Direct Connect on financial management in determining the amount to invest , completion of a Business Plan and Risk Assessment, researched alternative investment opportunities , assisted in negotiations , completed all due diligence and oversaw the conveyancing.
Raea Khan, Principal of PBL Law said that this transaction evidences the benefit of having one multi skilled team providing advice, and we are finding our client base is appreciating this service.
The combined experience and expertise of the Joint Venture team was used to good advantage, and Dennis Taylor, CEO of One Direct Connect, said he appreciated the convenience, cost effectiveness and efficiencies afforded in dealing with one group in bringing this important strategic purchase to fruition.
