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Italian company buys waterjet business

Russell Kennedy has advised the manufacturer of patented waterjet cutting machines on its sale of the majority interest to an Italian company.

user iconJerome Doraisamy • 12 July 2018 • Big Law
Buy, money, hand
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Firm: Russell Kennedy (Techni Waterjet) (TWJ); Alpeggiani & Associati (Gravellona Macchine Marmo) (GMM).

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Deal: TWJ, which makes patented waterjet cutting machines with “innovative technology in the areas of metal, stone and glass” has sold its majority interest to GMM, while retaining management of the combined business with a carve-out of certain IP assets.

Russell Kenendy advised TWJ on all aspects of the transaction.

Value: Undisclosed

Area: Manufacturing

Key players: The Russell Kennedy team was led by principal Andrew Chalet, who was assisted by principals Andrew Parlour and Anthony Massaro, senior associates Dr Peytee Grusche and Adam Colabufalo and lawyer Felicity Iredale.

Jerome Doraisamy

Jerome Doraisamy

Jerome Doraisamy is the editor of Lawyers Weekly and HR Leader. He has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. In June 2024, he also assumed the editorship of HR Leader. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of the Minds Count Foundation.

You can email Jerome at: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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