Seven Network Limited was created in 1991 by
receivers in order to bundle together the assets of
Christopher Skase's collapsed former business,
Qintex. Between 1995 and April 2001,
Alan Jackson of
Nylex was the non-executive director of Seven, after being asked by Stokes to lead the company. In 2002, Seven Media Group acquired
Pacific Magazines. In January 2006, the company partnered with
Yahoo! to launch
Yahoo!7, a cross-media entity meant to expand the content distribution networks of both companies. In December 2006, Seven Network Limited
shareholders voted to spin off the company's 'old media' assets into a 50/50 joint venture with private equity firm
KKR, creating the
Seven Media Group. In January 2008,
Kerry Stokes' National Hire Group
took over alongside private investors
The Carlyle Group the equipment rental company
Coates,
de-listing it from the
Australian Securities Exchange. The hire businesses of Coates and National Hire were merged to consolidate the two largest hire companies in Australia, creating Coates Hire. On 22 February 2010, it was announced that
WesTrac, owned by Australian Capital Equity, Kerry Stokes's investment firm, would merge with Seven Network Limited, and the combined entity was renamed Seven Group Holdings. On 25 October 2017, SGH acquired the remaining 53% of Coates from The Carlyle Group, as well as from other minority owners for $517 million. SGH remains Seven West Media's largest shareholder, with a 40.2% stake. In July 2021, Seven Group Holdings took 70% ownership in construction materials company
Boral. It gained full ownership of Boral in July 2024. In November 2024, Seven Group Holdings changed its name to SGH Ltd, Its website domain to www.sghl.com.au, and its ASX ticker code to SGH. ==References==