GREG BOULTON AWARDED AM

Greg Boulton has been recognised for his service to football administration, to the community of South Australia and to business.

His retirement from Port Adelaide Football Club at the end of 2008 ended a 23-year association with the club, including 17 years as president and chairman.

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LEVETT ENGINEERING ACQUIRES ESSTEK CNC

Article by Russell Emmerson - The Advertiser 8/12/09

JOINT Strike Fighter component maker Levett Engineering has broadened its commercial offerings by acquiring precision engineering firm Esstek CNC for an undisclosed sum.

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PARAGON ACQUIRES LOWRIE CONSTRUCTIONS

Paragon Private Equity has recently acquired Lowrie Constructions.

Lowrie builds transportable electrical switch rooms and control rooms for the mining and LNG markets in Australia.  The company works directly for major electrical contractors such as ABB, Nilsen and Thyssen Krupp.

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Sue Chase pictured centre with other award winners

SUE CHASE WINS TELSTRA 2009 sa BUSINESS

WOMAN OF THE YEAR AWARD

We are proud to announce that Sue Chase, Managing Director of Cowell Electric has won the 2009 Telstra South Australian Business Woman of the Year and Commonwealth Bank Business Owner Award.

LEVETT ENGINEERING WINS AWARD

Levett Engineering has won the Emerging Exporter award (pictured) in the 2009 Business SA Export Awards, and now qualifies as a finalist in the Australian Export Awards later this year in Canberra.

Levett Engineering has secured a multi-year, multi-million dollar contract with US technology giant, Lockheed Martin to supply machined components for the Lockheed Martin built F-35 Lightning II, Joint Strike Fighter.

PARAGON BUY-OUT OF GILLMAN ENGINEERING CO.
Paragon Private Equity, has invested with management in the buy-out of a Gillman engineering company.

AEM Cores, which has 37 employees and an annual turnover of $11 million, specialises in manufacturing magnetic cores for electrical transformers and Unicore machinery for producing those cores.

New Investment MANAGER JOINS Paragon
Paragon Advisory, the manager of Adelaide-based Paragon Private Equity Fund, has appointed Mr Dan Hill as Investment Manager.

Prior to joining Paragon, Dan spent six years in London working in industries including property, oil and gas, FMCG and insurance; gaining extensive experience in international financial reporting and analysis.  Whilst in London, he was directly involved in the establishment and successful exit of multiple retail franchises.

U.S. fighter jet parts all the way from SA
The first "top secret" parts made by South Australian company Levett Engineering for U.S. plane maker Lockheed Martin's new Joint Strike Fighter leave Adelaide this week.
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Private equity moves on defence
ADELAIDE private equity fund Paragon has taken up a "substantial minority stake" in Elizabeth-based defence engineering firm Levett Engineering.
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Paragon sells parcel in Bresagen
Paragon will sell its 10 per cent stake in Bresagen into the $20 million friendly takeover offer by US pharmaceutical group Hospira, generating a return of about $2 million on last year’s $852,000 investment by Paragon in the Adelaide based biotechnology company.