Login
Canadian company acquires 80% of Australian aluminum manufacturer
NASDAQ and TSX-listed company BRP Inc has been advised on its acquisition of four-fifths of Telwater Pty Ltd.
Jerome Doraisamy
Source: telwater.com
Firm: Baker McKenzie (BRP Inc); Unknown (Telwater Pty Ltd).
The transaction is subject to customary closing conditions, Bakers said, including regulatory approval and is expected to complete at the end of June 2019.
Value: Undisclosed
Area: M&A
Key players: The Bakers team was led by partner Andrea Kennedy, who was supported by partner Georgina Foster and associates Sam Mossman and Stephanie Szkilnik.
Deal significance: Ms Kennedy said: “We are delighted to have worked with BRP on this transaction, which is part of the group’s strategy to transform the marine industry and further its goal of becoming a leading global marine company by investing in the current leader in this region.”
“BRP already had a strong existing relationship with Telwater and this represented a great opportunity to reinforce its presence in Australia.”
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:
