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Manufacturing and distribution business Brickworks has been advised on the acquisition of America’s fourth largest brickmaker.
Firm: King & Wood Mallesons (Brickworks); Morgan Lewis (US legal support)
Value: $151 million
Area: M&A
Key players: The KWM deal team was led by Partner David Friedlander and special counsel Matt Egerton-Warburton, who were assisted by Jo Ruitenberg, Mandy Tsang, Scott Bouvier and Lauren D’Ambrosio.
Deal significance: The transaction marks the first major offshore acquisition for the listed Australian entity, the firm said, with Glen-Gery to provide Brickworks entry into the large US market and long-term growth opportunities in a major global market.
“While a large percentage of our M&A transactions involve inbound acquisition of Australian companies and assets, we love supporting strong Australian companies making acquisitions offshore,” said Mr Egerton-Warburton.
Also commenting on the deal, Mr Friedlander said: “We are pleased to have advised Brickworks on this significant acquisition, and to assist with their expansion into the United States via an established and market-leading manufacturer.”
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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
