Bucher Municipal successfully acquires Spoutvac
Maddocks has advised Bucher Municipal on its successful acquisition of Spoutvac.
Firm: Maddocks (Bucher Municipal)
Deal: Maddocks has advised Bucher Municipal, the Australian arm of the global company Bucher AG, on its acquisition of Australian business Spoutvac.
Key players: The team was led by partner Catherine Debreceny, with assistance from special counsel Mike Steell, senior associate Jacqueline Picone and lawyer Alexandra Hodsman.
Deal significance: Under the deal, Bucher Municipal – a leading manufacturer and supplier of municipal vehicles – acquired Spoutvac, Australia’s first major manufacturer of industrial vacuum and water jetting systems. The acquisition will integrate the Spoutvac products into the Bucher Municipal global supply and distribution chain, making them a leader in all categories.
The Maddocks team worked alongside the Bucher AG legal team, headquartered in Switzerland, to facilitate the acquisition. The transaction involved cross-jurisdictional collaboration to ensure that the asset sale met Australian norms and standards while satisfying the requirements of Australian management and international legal teams and build on the long-term relationship between Bucher Municipal and Maddocks.