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Sime Darby acquires Onsite Rental Group for $635m
National law firm Gilbert + Tobin has advised Sime Darby on its acquisition of provider of business-to-business equipment rental solutions, Onsite Rental Group Limited.
Jerome Doraisamy
Firm: G+T (Sime Darby).
Area: M&A.
Value: $635 million.
Key players: The G+T team was led by partner Adam Laura, who was assisted by lawyers Thomas Riley, Srivatsav Moorthy and Daisy Cullen.
Deal significance: Mr Laura said, “Sime Darby and its Australian industrial division (including Hastings Deering) is doing great things in the Australian market.”
“We feel very fortunate to be able to assist their growth ambitions, and the strength of execution capability shown by the local Sime Darby team places them extremely well within the competitive M&A landscape they face. It is always a pleasure working with them and this deal, in particular, is a fantastic result for the local business,” he noted.
Jerome Doraisamy
Jerome Doraisamy is the editor of Lawyers Weekly. A former lawyer, he has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. He is also the host of all five shows under The Lawyers Weekly Podcast Network, and has overseen the brand's audio medium growth from 4,000 downloads per month to over 60,000 downloads per month, making The Lawyers Weekly Show the most popular industry-specific podcast in Australia. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of Minds Count.
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