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An award-winning Australian pastry business has been sold to a national private equity firm.
Firm: DLA Piper (Boscastle Pastries and Foods); Clayton Utz (Pacific Equity Partners).
Value: Undisclosed.
Area: Corporate.
Key players: The DLA Piper team was led by corporate partner and head of the Melbourne office David Hallam, who was supported by corporate senior associate Dylan Burke.
Deal significance: “We are delighted to advise Boscastle on the sale of their food business,” said Mr Hallam.
“This represents a significant achievement for the team and is an important recognition of the value of their products and reputation among consumers and wholesale food buyers.”
The business produces gourmet pies, pastries and quiches for the retail and wholesale markets.
Jerome Doraisamy is the managing editor of Lawyers Weekly and HR Leader. He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.
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Jerome Doraisamy
