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Slattery Auctions reveals plans for Grays, post takeover

Family-owned auction company Slattery Auctions has revealed its “long-term, strategic approach” plans for Grays, after acquiring the online auction platform. 

Following the acquisition, Grays will merge with Slattery Auctions to be operated as a single business with two brands, and maintain both offerings. 

“We are an Australian-owned and family-led business, bringing Grays back into the hands of auctioneers who understand the market,” said Tim Slattery, co-MD of Slattery Auctions.

“Grays and Slattery Auctions have the largest auction audience in the country, a customer database of over 3.3 million people, over 8.5 million visitors to our websites each year, and more than 250,000 active bidders.” 

The company said the merger of the two brands will offer customers access to more products and help vendors of both brands reach more customers with expanded categories.

“Grays is a household name and Australia’s premier online auction and e-commerce platform. Slattery Auctions is known for being a brand clients can trust, with a solid strategy and focus underpinned by strong family values.”

As previously reported, Quadrant had made several attempts to sell Grays for a nominal amount. Slattery appointed advisory and restructuring firm McGrathNicol as administrators, as part of the restructuring process.

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