Goodbye job applications, hello dream career
Seize control of your career and design the future you deserve with LW career
GET STARTED

NZ boutique firm clinching deals

Boutique New Zealand corporate law firm Quigg Partners has worked on a number of recent acquisitions, including that of New Zealand-based energy distributor Powerco’s energy infrastructure…

user iconLawyers Weekly • 04 November 2005 • Big Law
expand image

Boutique New Zealand corporate law firm Quigg Partners has worked on a number of recent acquisitions, including that of New Zealand-based energy distributor Powerco’s energy infrastructure maintenance business by Australian company Tenix Alliance, and Lyttelton Port’s acquisition of NZ Express.

 
 

You’re out of free articles for this month
David Quigg, who heads the firm’s M&A team, said the sale agreement was subject to the due diligence, which is becoming a common trend in New Zealand.

The deal was also an example of the trend for a significant number of acquisitions in New Zealand to have an Australian buyer.

The Lyttleton Port acquisition of NZ Express, a logistics company involved in container services and freight distribution, was also subject to due diligence, and was an indication of “the port business being in a state of development in New Zealand at the moment”. Both companies are based in Christchurch. The acquisition was a strategic fit with Lyttleton Port’s container terminal growth plans.

Tags
You need to be a member to post comments. Become a member for free today!