You have 0 free articles left this month.
Big Law

Brickworks advised on ‘innovative’ Wall as a Service JV

Australian manufacturing business Brickworks has been advised on the formation of a 50/50 joint venture company with FBR Limited.

May 16, 2019 • By Jerome Doraisamy
Share this article on:
Facebook X LinkedIn
David Friedlander
expand image

Firm: King & Wood Mallesons (Brickworks Limited); Unknown (FBR Limited)

This content is available exclusively to Lawyers Weekly premium members.
Deal: The new joint venture, Fastbrick Australia Pty Ltd (Fastbrick), will provide Wall as a Service to the Australian market, with a focus on residential construction.

 
 

Value: N/A

Area: M&A

Key players: The KWM team was led by partner David Friedlander, who was supported by partner Scott Bouvier, senior associates Jo Ruitenberg and Lauren D’Ambrosio and solicitor Henry Sit.

Deal significance: The collaboration with robotic technology company FBR gives Brickworks exclusive rights to supply concrete masonry blocks which have been optimised specifically for use with FBR’s brick-bot, Hadrian X, KWM said in a statement.

Mr Friedlander added: “We are pleased to have advised Brickworks on the formation of Fastbrick. The joint venture will potentially allow for the commercialisation of the Hadrian X, when used in combination with materials developed specifically by Brickworks for this purpose.”

Discover logo VIEW ALL

Want to see more stories from trusted news sources?
Make Lawyers Weekly a preferred news source on Google.
Click here to add Lawyers Weekly as a preferred news source.

Jerome Doraisamy

Jerome Doraisamy

Author

Jerome Doraisamy is the managing editor of professional services (including Lawyers Weekly, HR Leader, Accountants Daily, and Accounting Times). 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.

You can email Jerome at: This email address is being protected from spambots. You need JavaScript enabled to view it. 

Know More
Tags