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Ashurst has advised Kookaburra Sport on its merger with a fellow Australian sporting goods and clothing company.
Firm: Ashurst (Kookaburra Sport); Undisclosed (Burley-Sekem Pty Ltd)
Value: Undisclosed
Area: M&A
Key players: The Ashurst legal team was led by corporate partner Elspeth Arnold, with assistance from lawyers James McGhie, Lizzie Bird and Stephanie Mattei.
Employment advice was provided by partner Jane Harvey, senior associate Emilie Maddox and lawyer Lucy Jedlin. Partner Lionel Meehan and lawyer James Maguire advised on the finance aspects.
Tax advice was provided by partner Ian Kellock and lawyer James Sainty, and partner Kellech Smith and lawyer Carrick Brough advised on IP matters.
Deal significance: Kookaburra Sport is a closely held proprietary company which manufactures and retails sporting goods and apparel in Australia, including cricket balls for one-day and international test cricket, according to a statement from Ashurst.
“We are pleased to have assisted Kookaburra Sport in its merger with Burley-Sekem,” said lead partner Elspeth Arnold.
“Like Kookaburra, Burley-Sekem is an iconic Australian sporting brand and we trust the complimentary nature of this deal will further build the profile of both brands in Australia.”
