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Protective Industrial Products acquires Bisley Workwear

New York-based Protective Industrial Products has acquired Australia’s largest independent workwear brand, Bisley Workwear.

March 31, 2022 • By Jerome Doraisamy
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Protective Industrial Products acquires Bisley Workwear
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Firm: MinterEllison (Protective Industrial Products (PIP)); Page Advisory (corporate adviser for PIP)

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Deal: PIP has acquired Bisley Workwear, with the backing of private equity fund Odyssey. Minters advised on all Australian aspects of the transaction, including Australian and cross-border due diligence, ACCC matters, financing, receipt of foreign investment approval, and the negotiation and drafting of complex transaction documents.

 
 

Area: M&A

Value: Undisclosed

Key players: The Minter team was led by partner Shaun McRobert.

Deal significance: Speaking about the acquisition, Mr McRobert said: “We really enjoyed working closely with the great team at PIP and Odyssey through this most recent acquisition. The structure used was innovative and provides a strong foundation for PIP going forward in Australia.

“More broadly, we are seeing a large increase in investments in Australia from the US, driven in part by demand from US capital market opportunities.” 

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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. 

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