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Japan company scoops up Aussie construction business

Japan company scoops up Aussie construction business

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Baker McKenzie has advised on a cross-border transaction between a Japanese and Aussie company.

Firms: Baker McKenzie (Bunka Shutter); Undisclosed (ArcPac Garage Doors)

Deal: Bunka Shutter has been advised on its acquisition of ArcPac Garage Doors.

Value: Undisclosed

Area: M&A

Key players: The Baker McKenzie legal team was led by partners Yutaka Kimura and Ben McLaughlin, and senior associate Lawrence Mendes, with assistance from Chizu Matsumaru, Byron Frost, Emily Hunter, Anna Kramer and Daniella Lambert.

Deal significance: Bunka Shutter is a Japanese company which produces and sells various types of rolling shutters, house and building construction materials.

Meanwhile ArcPac Garage Doors is involved in the manufacture, distribution and sale of garage doors for the domestic and export markets. The company operates throughout Australia, and is administered by its head office in Darra, Queensland.

This cross-border transaction involved both Baker McKenzie’s Tokyo and Sydney offices advising Bunka Shutter.

The lead partner on the transaction based in Japan, Yutaka Kimura, said it represented a “great example of how our global firm operates seamlessly across borders, both in Japan and Australia.”

The lead partner on the transaction based in Australia, Ben McLaughlin, added: “We were delighted to act for our client Bunka Shutter, in acquiring a leading Australian manufacturing business, ArcPac Garage Doors – a distributer and seller of garage doors for domestic market”.

“The transaction was highly complex involving both our legal teams in Australia and Japan. The result of this deal will assist our client achieve its growth plans in the Asia-Pacific region.”

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