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Gallery artwork: Socotra Forest, Yemen, framed on a gallery wall above the words ‘The great use of life is to spend it for something that will outlast it.’ William James

A Seller's Perspective

Seller
Peter Bourke
Business
CMR Recycling
Location
Mackay, Queensland

Watch Peter's story · 1 min

“I’m so pleased that she’s taking on this company”

The seller

Peter Bourke

Peter grew up around Mackay and spent his early working life on the mines of the Bowen Basin. He saw how much good metal was being thrown away, and thought there was a better way to deal with it.

In 2010 he opened CMR with a small shed, a weighbridge and one truck. Over the next sixteen years he built it into a yard the region relies on, and in 2020 moved it into bigger premises in Paget.

His son, Ronnie, grew up around the yard. Today Ronnie runs CMR as general manager, with two experienced managers beside him.

At 74, Peter wanted to step back while the business was going well. Closing the gate was never an option. He wanted someone who would keep CMR as it is, with the same people, and that is why he chose Nikita.

These days Peter still drops in most weeks for a cuppa with Ronnie and the team. The rest of the time he is on the golf course.

Peter Bourke and Nikita Gossain in the CMR Recycling shed, Mackay

The business

CMR Recycling

CMR stands for Commercial Mine Recyclers. From its yard and sheds in Paget, it buys and processes scrap metal for mine sites, tradespeople and locals, with pickups from Emerald to Mackay.

Copper, brass, aluminium and steel come across the weighbridge six days a week. The team sorts it, tests it and bales it on site, then sends it on to be made into something new.

Many customers have been coming for years. Some are maintenance crews clearing a mine site. Others are locals with a trailer of old cable on a Saturday morning. Everyone gets the same fair weigh.

Started
2010
People
24
Yard
Paget, Mackay
Pickups
Emerald to Mackay
Open
Six days a week
Run by
Ronnie Bourke

On site

A Glimpse of CMR

Inside CMR Recycling's processing shed in Mackay, sorted scrap metal in bins across the concrete floor
A crate of sorted brass cartridge cases at CMR Recycling, Mackay
CMR Recycling skip loader truck with a green bin
CMR's baler press against the shed wall
CMR Recycling tipper truck and trailer
Pallets of stock under CMR's covered storage shed at the Paget yard
The handheld analyser CMR uses to test scrap metal
Copper granulator at CMR
CMR's main shed in daylight, roller door open
Baled aluminium at CMR
Retired fire extinguishers lined up at CMR, waiting to be processed
CMR's cable stripping machine with heaps of scrap copper cable at the Paget yard
The team at work on the floor of CMR Recycling's main shed, a forklift by the open roller doors
Coiled steel heating elements stacked on a pallet at CMR Recycling, ready to be processed
CMR's metal shear in the processing shed at the Paget yard
“When you've spent years building a business, you want someone who understands what has gone into it, respects the people, and is serious about carrying it forward properly.”
Peter Bourke

Who looks after it next?

You've spent years building your business. When you start wondering who looks after it next, I'd like to talk. Your message comes straight to me and stays confidential. And when I buy a business, I keep it.

Nikita Gossain, Founder and Managing Director

Call

+61 491 191 231

Email

nikita@pprcapital.com

Address

Level 7, 19 William Street, Cremorne VIC 3121

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