Two auction houses are joining forces in the latest shake-up to affect the Melbourne scene.
Leski Auctions, who concentrate on sporting
memorabilia, collectables and stamps, and are this year marking
their 40th anniversary, will merge with art auction
specialist Mossgreen on July 1.
The new firm, branded Mossgreen, will
initially incorporate the Leski name for collector's
We reported in ATG No 2083 how Bonhams
had launched a new office and saleroom in Melbourne, with the first
auction - Australian and Aboriginal art - coming up on May
At Mossgreen, a new board will
comprise Jack Gringlas as non-executive chairman, Charles Leski as
managing director of Mossgreen Collectors Auctions and Paul Sumner
as managing director of single-owner and Asian art auctions and
The new firm will relocate to the
historic Armadale Picture Theatre building in Melbourne. The former
home of Sotheby's will be refurbished by September and will also
house the Mossgreen Gallery.
Mr Leski said: "The merger will
present us with opportunities to achieve even greater market
penetration, which will instil confidence in buyers and sellers
Mr Sumner, who established Mossgreen
in 2004 as a single-owner auction specialist and gallery, was
previously managing director of Sotheby's in Australia and chairman
of Sotheby's Olympia.
Mr Gringlas is the former owner and
managing director of CMG Engineering Group, which operated in eight
countries, specialising in electric motors and related products. In
2010, he sold CMG to Regal Beloit Corporation of the USA, giving
him the financial clout to invest in this new firm.