Johnson Winter & Slattery has advised Co-operative Bulk Handling Limited on the deal.
The agreement covers all of CBH’s rail requirements for Western Australian grain harvests, and is for six years with two 2-year options to extend (contingent on Aurizon meeting its relevant contract KPIs).
Watco, CBH’s existing rail services provider, has agreed to transition the contract to Aurizon before the coming grain harvest, and will begin a three-month transition later this month.
The agreement provides for the haulage of grain from regional rail receival sites to export terminals at Geraldton, Kwinana and Albany using CBH’s existing fleet of 10 trains and three Aurizon-owned trains. CBH handles an average annual harvest of 14 million tonnes of grain, with approximately 60% currently on rail.
CBH is Australia’s largest co-operative, being owned and controlled by approximately 3,700 Western Australian grain growing businesses.
The Johnson Winter & Slattery team was led by Partners Stuart Clague (Picture) and Bruce Adkins, assisted by Consultant Darren Grondal, Special Counsel Rebecca Cifelli and Associate Haerim Nam. Partner George Croft assisted on transitional arrangements.
Johnson Winter & Slattery worked hand-in-glove with the CBH in-house legal team, led by Head of Legal Richard Codling and Corporate Lawyer Nadia Saba.
Involved fees earner: Bruce Adkins – Johnson Winter & Slattery; Rebecca Cifelli – Johnson Winter & Slattery; Stuart Clague – Johnson Winter & Slattery; George Croft – Johnson Winter & Slattery; Haerim Nam – Johnson Winter & Slattery;
Law Firms: Johnson Winter & Slattery;