Wetherill Park. Cavasinni buys Beechwood

The family company, Cavasinni Constructions, at Wetherill Park, has bought the assets, of Beechwood Homes, the project-home building company which collapsed owing $70 million. The company beat more than a dozen bidders. Resibuildco, funded by Cavasinni has secured contracts for an undisclosed sum. The Beechwood brand would be retained.