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Sto Group acquires Unitex

Hall & Wilcox advised Sto Group on the acquisition of Unitex.

September 17, 2019 • By Naomi Neilson
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Hall & Wilcox
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Firm: Hall & Wilcox (Sto Group)

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Deal: Hall & Wilcox have advised Sto Group on the acquisition of Unitex, a distributor and manufacturer of building products for residential and commercial architecture.

 
 

Value: Undisclosed.

Area: M&A.

Key players: The team was led by head of international Oliver Jankowsky. He was assisted by partner Deborah Chew and lawyers Alicia Haesslein, David Holland and James Fisher.

Deal significance: Sto Group is a major international manufacturer with an annual turnover of €1.2 billion and a “large international presence”. Before this acquisition, it had not entered the Australian market.

Mr Jankowsky said: “We are delighted to assist Sto Group with its acquisition of Unitex and ongoing international expansion.”

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“Assisting a client such as Sto shows the strength of Hall & Wilcox’s international presence and our ability to work seamlessly with overseas clients and foreign counsel to achieve our client’s strategic goals.”

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Naomi Neilson
Naomi Neilson
Naomi Neilson is a senior journalist with a focus on court reporting for Lawyers Weekly, as well as other titles under the Momentum Media umbrella. She regularly writes about matters before the Federal Court of Australia, the Supreme Courts, the Civil and Administrative Tribunals, and the Fair Work Commission. Naomi has also published investigative pieces about the legal profession, including sexual harassment and bullying, wage disputes, and staff exoduses. You can email Naomi at: naomi.neilson@momentummedia.com.au.

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