Maddocks advises on sale of iconic Australian company
Maddocks, along with Canterbury Partners and Fordham, have advised Chris Malcolm, the owner of Australian retail brand Clark Rubber, on the company’s sale to a group of investors.
Clark Rubber has roots going back to 1946 and now has 60 stores nationally specialising in pools, foam and rubber products. Mr Malcolm turned the company into a franchise business in the 1990s which led Clark Rubber to grow quickly across Australia.
In the deal, a group comprising three investors, operating as CRG Operations Pty Ltd, acquired the Clark Rubber and Luxafoam group.
The Maddocks team on the matter was partner Greg Hipwell and senior associate Elizabeth Lilley with assistance from Scott Mannix, Katie McClelland, Shelley Einfeld and Anne Clement.
Greg said the deal drew on the firm’s long-time experience and expertise in the franchise sector and key acquisitions and divestments for founders and family-run companies.
'Chris and the Clark Rubber brand have been synonymous with success and best practice within the franchise sector for almost 30 years,' Greg said.
'We were delighted to assist Chris to realise his long term investment and at the same time transition the business to an experienced purchaser group with the skills and long-term vision to sustain and grow the retail network.'
Editor note:
Maddocks is a proudly independent Australian law firm that works closely with corporations, businesses and governments throughout Australia and internationally. We advise national and international clients across the education, government, healthcare, infrastructure and technology sectors, from our Canberra, Melbourne and Sydney offices. Our specialist expertise includes dispute resolution and litigation, employment and safety, financial services, franchising and insolvency.
For more information:
Jason Silverii
Communications Manager
Tel: 03 9258 3509
Mobile: 0407 618 058
[email protected]
Keep up to date with our legal insights and events
Sign upRecent articles

Maddocks advises Mediawan Group on acquisition of majority stake in See-Saw Films
Mediawan, headquartered in France, operates in 13 countries.

Maddocks advises Vinyl Group on Concrete Playground acquisition
Vinyl Group acquires digital city guide Concrete Playground Pty Ltd, strengthening its media and advertising footprint.

Maddocks acts for Interpack on Wine Closures business acquisition
Interpack has been a pioneer in the commercial production of screw caps in Australia since the 1970s.

Maddocks advises Simonds Group Limited on strategic acquisition
The acquisition is expected to complete in March 2025.
Partner
Melbourne