You have 0 free articles left this month.
Big Law

Verticon hoisted into New Zealand

New Zealand firm Hesketh Henry acted for Melbourne-based Verticon Group, on its $45 million acquisition of Christchurch-based Daniel Smith Industries. Both companies are in the tower and mobile…

April 10, 2006 • By Lawyers Weekly
Share this article on:
facebook Facebook twitter X linkedin LinkedIn
expand image

New Zealand firm Hesketh Henry acted for Melbourne-based Verticon Group, on its $45 million acquisition of Christchurch-based Daniel Smith Industries. Both companies are in the tower and mobile cranes and hoists hire business.

 
 

This content is available exclusively to Lawyers Weekly premium members.
Buddle Findlay acted for Daniel Smith. The transaction will give Verticon a strong entry into the New Zealand market while retaining the expertise and experience of the Daniel Smith team.

Partner Geoff Hosking led Hesketh Henry’s team on the deal, which he said required careful analysis of New Zealand’s Personal Property Securities Act and its impact on the contracts taken over by Verticon.

“It was a good deal for both parties,” Hosking said. “It was nice to work on a deal where both parties came away with a win.”

Tags
You need to be a member to post comments. Become a member today