Grace Quigley
Manager External Comms •
Sydney
Media release: Clayton Utz advises Bhagwan Marine on the completion of its $130 million purchase of Riverside Marine
1 minute
Clayton Utz is pleased to have advised Bhagwan Marine Limited (ASX: BWN), Australia's largest listed marine solutions provider, on its purchase of Riverside Marine Holdings Pty Ltd. The transaction was announced to the ASX on 9 February 2026 and completion announced yesterday.
Corporate partners Mark Paganin and Stephen Neale led the firm's team together with senior associates William Davies and Victoria Bandurski, with key support from lawyer Imogen Farmer. Other core team members included partners Rohan Mishra (Banking and Finance) (David Gerber (W&I insurance) and Anna Casellas (Workplace Relations, Employment and Safety), and senior associate James Allen (Banking and Finance).
Founded in Brisbane in 1926 by the Campbell family, Riverside Marine specialises in the management and operation of approximately 30 diverse vessels, including nine owned vessels, across five established brands. The Riverside group has long-standing clients within the industrial resources, scientific research, transport and logistics sectors.
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Clayton Utz communications are intended to provide commentary and general information. They should not be relied upon as legal advice. Formal legal advice should be sought in particular transactions or on matters of interest arising from this communication. Persons listed may not be admitted in all States and Territories.