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Brad Rogers says the deal will open up a range of new opportunities for the business. Photo: Attila Csaszar

Bis in $1bn debt-for-equity deal

Bis Industries, one of the major transport players in Western Australia, will come under new ownership after a $1 billion debt-for-equity swap deal was struck with its major lenders.

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Bis

Revenue

15th↑CFC Group$434.0m
16th↓Minderoo Group$395.0m
17th↓Bis$390.0m
18th-VGW Holdings$379.6m
19th↓Craig Mostyn Group$369.4m
112 private companies - large ranked by revenue most recent financial year

Employees

1st-Toll Group2,000
2nd-Bis1,300
3rd↑CTI Logistics1,015
4th-Linfox918
5th↑Centurion725
80 trucking & logistics ranked by total number of WA staff (including long term contractors)

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