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Elders makes new acquisition

08 June 2020 Emma Ryan
Elders makes new acquisition

Elders has confirmed it has made an acquisition in Dalby to coincide with its expansion plans across the Darling Downs and surrounding districts.

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Elders has acquired Eastern Rural in Dalby, effective from 1 June. 

The move comes as Elders looks “to build upon the great work being done by the branch in the Dalby community”, with Eastern Rural’s “successful and well-respected mixed real estate and livestock agency” the perfect fit for the Elders brand, according to a statement supplied by the group.

“We are pleased to be able to grow Elders’ footprint in the Darling Downs and surrounding districts through the acquisition of Eastern Rural. With an increased focus in the area, our new team hopes to work more efficiently to provide our clients with high-quality, personalised service,” said Jamie Brogan, general manager Qld/NT.

Mr Brogan noted the acquisition will see the residential real estate side of the business integrate fully into Elders’, retaining all staff and offering residential and commercial sales in addition to property management through the Elders Real Estate brand.

“Local, state and federal government have all invested significant capital in infrastructure in Dalby to take advantage of the area’s agriculture, resource and manufacturing sectors. The opportunity for us to play an increased role in fostering growth in the region was too exciting to pass up,” he added. 

Commenting further, Eastern Rural director Andrew Kirtley said the deal with Elders is an exciting new chapter for Dalby and its surrounds.

“Elders has been brilliant to work with throughout this whole process. It is a respected business with strong roots in Australia’s rural communities, and we are excited to see what this deal will bring to the region.”

Despite the changes, Mr Kirtley insisted “it will be business as usual in Dalby, with Elders and Eastern Rural working together to deliver the high level of customer service the community has come to expect”.

“Operating from our current premises at 44 Drayton Street, Dalby, the team will be the same, familiar faces delivering our existing business values of relationships, reliability and results,” he concluded.     

Elders makes new acquisition
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Emma Ryan

Emma Ryan

Emma Ryan is the deputy head of editorial at Momentum Media.

Emma has worked for Momentum Media since 2015, and has since been responsible for breaking some of the biggest stories in corporate Australia, including across the legal, mortgages, real estate and wealth industries. In addition, Emma has launched several additional sub-brands and events, driven by a passion to deliver quality and timely content to audiences through multiple platforms.

Email Emma on: [email protected]com.au

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