Business
Adam Schwab’s Lux Group raising up to $100m – The Australian Financial Review
Auctus Asset Management is raising capital to buy up a significant minority interest in Adam Schwab’s Lux Group.
Its biggest backer is Wolf Capital, a private investment company established by Bruce Wilson (the Wilson family are the majority owners of plumbing company Reece Group) in 2011.
The investment company is listed on the ASX, and despite owning substantial…
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