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NASDAQ and TSX-listed company BRP Inc has been advised on its acquisition of four-fifths of Telwater Pty Ltd.
Source: telwater.com
Firm: Baker McKenzie (BRP Inc); Unknown (Telwater Pty Ltd).
The transaction is subject to customary closing conditions, Bakers said, including regulatory approval and is expected to complete at the end of June 2019.
Value: Undisclosed
Area: M&A
Key players: The Bakers team was led by partner Andrea Kennedy, who was supported by partner Georgina Foster and associates Sam Mossman and Stephanie Szkilnik.
Deal significance: Ms Kennedy said: “We are delighted to have worked with BRP on this transaction, which is part of the group’s strategy to transform the marine industry and further its goal of becoming a leading global marine company by investing in the current leader in this region.”
“BRP already had a strong existing relationship with Telwater and this represented a great opportunity to reinforce its presence in Australia.”
