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Mayne Group was an Australian healthcare and logistics company.


History

Mayne Nickless was founded in
Melbourne Melbourne ( , ; Boonwurrung language, Boonwurrung/ or ) is the List of Australian capital cities, capital and List of cities in Australia by population, most populous city of the States and territories of Australia, Australian state of Victori ...
in 1886 by John Mayne and Enoch Nickless as a parcel delivery service. Within three months it was operating 10 horse-drawn vans, by the end of the year it had 52. Listed on the
Australian Securities Exchange Australian Securities Exchange Ltd (ASX) is an Australian public company that operates Australia's primary Exchange (organized market), securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or c ...
in 1926, it expanded to provide freight services to all Australian capital cities and ports. It also branched into armoured car cash deliveries and international logistics.The Armaguard story
Armaguard
Milestones
Loomis
In 1975, it entered a joint venture with Trans Australia Airlines to form AAT Coachlines, which was sold in 1983. In 1979 it purchased cash handling company Loomis. In July 1982, Mayne Nickless took a 50% shareholding in Total West in partnership with Westrail. In 1985, Mayne Nickless sold its stake in Total West to Gascoyne Trading Company. In 1983, Mayne acquired a 50% shareholding in Ipec. It acquired the other 50% in 1988. In 1992 Mayne Nickless took a 25% shareholding in telecommunications company
Optus Singtel Optus Pty Limited is an Australian Telecommunications in Australia, telecommunications company headquartered in Macquarie Park, a suburb in the Northern Sydney region of Sydney, New South Wales, Australia. It is a wholly owned subsidiar ...
, this was sold in 2001. After being found to have been part of a
price fixing Price fixing is an anticompetitive agreement between participants on the same side in a market to buy or sell a product, service, or commodity only at a fixed price, or maintain the market conditions such that the price is maintained at a given ...
cartel along with Ansett and TNT in the early 1990s, it disposed of its remaining transport and security interests with Interlink and Ipec being sold to the Toll Group, Interlink Express to La Poste and Armaguard to Linfox. In the 1990s, it diversified into healthcare, purchasing hospitals and later pathology and diagnostic businesses. In 2001 pharmaceutical company Faulding Pharmaceuticals was purchased. In 2002, Mayne Nickless changed its name to Mayne Group. In 2000, the container parks and warehousing facilities in Sydney, Melbourne and Brisbane were sold to Lang Corporation. In 2003, Mayne's 53 hospitals were sold to Affinity Health, a consortium of
Citigroup Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, t ...
,
CVC Capital Partners CVC Capital Partners plc is a Jersey-based private equity and investment advisory firm with approximately €186 billion of assets under management and approximately €157 billion in secured commitments since inception across American, European, ...
and GIC Private Limited. In November 2005, the company was split into Mayne Pharma and Symbion Health. Mayne Pharma was taken over by Hospira in 2007. Symbion Health was acquired by Primary Health Care in 2008. The same year, Primary sold off Symbion's consumer business to
Sanofi-Aventis Sanofi S.A. is a French multinational pharmaceutical and healthcare company headquartered in Paris, France. The corporation was established in 1973 and merged with Synthélabo in 1999 to form Sanofi-Synthélabo. In 2004, Sanofi-Synthélabo merg ...
and its pharmacy business to Zuellig Group. In 2013, EBOS Group purchased Symbion from Zuellig.


References

{{Reflist Companies based in Melbourne Companies formerly listed on the Australian Securities Exchange Conglomerate companies of Australia Logistics companies of Australia Optus 1886 establishments in Australia 2005 disestablishments in Australia CVC Capital Partners companies