Henry Walker Eltin was a diversified Australian company with interests in the automotive, construction and mining sectors. It was the first Northern Territory company listed on the Australian Securities Exchange.
History The history of Henry Walker Eltin can be traced back to 1962 when Henry Walker was founded as a civil engineering contractor by Neville Walker and Frazer Henry.Walker's injuries self inflicted: coroner ABC News 30 June 2005
In the 1980s it diversified into the automotive sector with the Bridge Autos dealership in Darwin, Northern Territory that held franchises for the sale of Daewoos, Mercedes-Benzs and Toyotas.Our history HWE Mining
It entered the contract mining sector in 1987. Eltin was established as an underground mining contractor in 1980. In May 1999 Henry Walker and Eltin merged to form Henry Walker Eltin. In April 2000, Simon Engineering was acquired.Henry Walker buys Simon Engineering Australian Financial Review 19 April 2000
In January 2005, HWE was placed in voluntary administration with EY as administrator.Voluntary Administrator Appointed Henry Walker Eltin 31 January 2005 EY resigned the following day due to a conflict of interest with McGrathNicol appointed.Resignation of Voluntary Administrators Henry Walker Eltin 1 February 2005Henry Walker Eltin chairman quits troubled firm ABC News 9 February 2005How Henry Walker Eltin imploded Crikey 2 February 20025
In March 2005 Simon Engineering was sold to Abigroup and the Northern Territory civil contracting business to Macmahon Holdings.Simon Engineering Australia sold to Abigroup McGrathNicol 3 March 2005Abigroup buys Simon Sydney Morning Herald 4 March 2005Purchase of HWE Northern Territory Civil Business Macmahon Holdings 16 March 2005 In April 2005 Bridge Autos was sold to AP Eagers.Bridge Autos sold to AP Eagers McGrathNicol 5 April 2005 In May 2005 the Western Australian civil construction business was sold to Clough.Clough buys Henry Walker Eltin business to secure jobs and road projects Clough 18 May 2005
In February 2006, the HWE Mining business was sold to Leighton Contractors marking the conclusion of the asset disposal program.Leighton Contractors to Purchase Henry Walker Eltin Limited Mining Assets Leighton Holdings 10 November 2005Leighton Holdings - proposed acquisition of Henry Walker Eltin Mining Australian Competition & Consumer Commission 25 November 2005Final HWE asset sold to Leighton Sydney Morning Herald 2 February 2006
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