Home' Inclean : INCLEAN May-Jun 2017 Contents 8 INCLEAN May June 2017
sold to global
private equity firm Platinum Equity for an
undisclosed sum, with the office supplies
company set to rebrand locally following
Staples is a leading supplier of business
products, services and solutions in Australia
and New Zealand. Staples also stocks a range
of cleaning supplies including bins, rubbish
bags, cleaning chemicals, cleaning cloths and
sponges, cleaning equipment, paper products
Shira Goodman, CEO and president,
Staples, Inc, said: “As we execute our plan for
long term growth we want to focus primarily
on our Staples’ North American business, and
this will allow us to better do that.”
“Working with Platinum, we believe the
Australian and New Zealand businesses will
be well positioned for the future, ultimately
helping our customers and associates succeed.”
Platinum Equity, which has portfolio
company operations on all seven continents,
has been actively pursuing investment
opportunities in Australia and New Zealand
and currently owns a majority stake in Sensis,
an Australian directories business acquired
Following the transition to new ownership,
the divested business will continue to operate
under the Staples brand in Australia and New
Zealand for a short period of time while a
new corporate brand is created.
Adam Cooper, principal at Platinum Equity,
said: “The Staples business in Australia and
New Zealand has extraordinary potential as a
“It has a strong customer base, dedicated
employees and a long history in the markets
it serves. We look forward to partnering with
the management team to make substantial
investments to optimise the company’s digital
and systems capabilities with a focus on
enhancing the customer experience.”
Morgan Stanley is acting as exclusive
financial advisor to Staples. Corrs Chambers
Westgarth is acting as legal advisor to Staples.
Baker McKenzie is acting as legal advisor to
The transaction is expected to close in the
second calendar quarter of 2017.
and NZ sold to
private equity firm
The Queensland Government is set to introduce legislation to give state health
officials tough new powers to investigate, shut down and fine facilities putting
people at risk of serious infections.
The move follows the closure of a dental clinic in Brisbane in December 2016 due
to poor infection control measures, which put patients and staff at risk of exposure
to infectious, blood-borne diseases.
Minister for Health and Ambulance Services Cameron Dick said the new powers
will allow officials to better monitor health care facilities, investigate potential
breaches faster and take swift enforcement action if unsafe practices were detected.
“The legislation will require owners or operators of health care facilities to
comply with specific infection control and training standards,” Dick said.
“Non-compliance with these standards could see owners or operators of healthcare
facilities face penalties between $121,000 and $365,700 for a range of breaches.
“The legislation will allow Queensland Health to be more proactive in monitoring
and investigating compliance, allowing inspectors to immediately enter a health
care facility if they believe it is necessary to control an imminent public health risk.
“Current legislation requires Queensland Health to give 24 hours’ notice before it
can enter a facility to investigate potential breaches, potentially allowing evidence
of breaches to be removed.
“The legislation will also remove the requirement for local government approval,
enabling officials to step in before the risk of infection becomes too great.”
The legislation will require owners or operators of health care facilities to provide a
copy of their infection control management plans with penalties for non-compliance.
Executive director of Queensland Health’s Communicable Diseases Branch Dr
Sonya Bennett, said the legislation will provide more clarity around expectations
and requirements for infection control.
“There really is no excuse for poor infection control,” Dr Bennett said.
“These important changes will allow health officials to act quickly, responsibly
and decisively to manage any risk to the public.
“They also make abundantly clear what we expect from health practitioners and
facilities in terms of infection control standards.”
A wide range of health care facilities will be subject to the new powers, including
hospitals; dental clinics; blood banks; specialist practice clinics; and a range of
other health facilities providing prescribed health services.
The amendments will not apply to accredited general practices, aged care
facilities, licensed private hospitals and clinics or to local government immunisation
programs, because infection control requirements at these facilities are covered by
existing legislation or regulations.
Queensland government calls
for new health powers
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