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Westrac goes National

WESTRAC'S expansion out of Western Australia has taken further shape with a $25 million investment in National Hire Group, a 40-year old equipment hire business with eleven branches in New South Wales.

Michael Quinn

WesTrac will end up with 60% of National Hire and majority board representation by subscribing for 100 million shares at 25 cents/share. National Hire said it was planning to further increase its capital...

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