Mirli Mirli: Building Aboriginal
Business Ownership
Established by KRED as a wholly owned subsidiary, Mirli Mirli acquired Office National Broome, Office National Kununurra and the commercial property at 53 Bandicoot Drive, Kununurra. The acquisitions bring established businesses and property into Aboriginal ownership, creating long-term economic and social value in the Kimberley.
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Mirli Mirli was established by KRED as a wholly owned subsidiary to pursue a significant commercial acquisition opportunity in the Kimberley.
The project involved the acquisition of Office National Broome, Office National Kununurra and the commercial property at 53 Bandicoot Drive, Kununurra, bringing established operating businesses and a commercial property asset into Aboriginal ownership.
The acquisitions support KRED’s broader objective of creating sustainable economic opportunities and building businesses capable of generating long-term economic and social value.
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KRED took the opportunity from commercial concept through to acquisition and business transition.
This included assessing the opportunity, developing the business case, establishing Mirli Mirli as the corporate vehicle for the acquisitions, undertaking financial and commercial due diligence, securing finance and coordinating the legal, accounting, banking and settlement requirements necessary to complete the transactions.
The strategy focused on acquiring established operating businesses with experienced staff and existing customers, rather than creating an enterprise from scratch.
Mirli Mirli has since strengthened its position as an Aboriginal-owned business, achieving Supply Nation certification and verification through the Aboriginal Business Directory WA.
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Established Mirli Mirli Pty Ltd as a wholly owned KRED subsidiary.
Acquisition of Office National Broome.
Acquisition of Office National Kununurra.
Acquisition of the commercial property at 53 Bandicoot Drive, Kununurra.
Achieved Supply Nation certification and Aboriginal Business Directory WA.
Project Partners
Without our partners, this project would not be possible:
KRED Enterprises – Project Lead, Acquisition & Business Development, Mirli Mirli Pty Ltd – KRED Subsidiary & Business Owner, Arma Legal – Legal Services, BDO – Financial & Transaction Advisory & Indigenous Business Australia (IBA) – Finance Partner