The Beginning

Lauritz Hansen bumped into his long-time friend Otto Yuncken on a Melbourne street corner in 2017. The two shared their challenges, and agreed to pool their resources and talents to establish the firm of Hansen & Yuncken.

With a simple handshake, the decision was formalised. After a successful six-month trial period together, Lauritz (then 52) and Otto (53) legalised their partnership on 9 May 1918 by signing a simple one-page agreement that stated they would share the profit or loss of the company equally.