ACA International advised on sale to Dachser
Logistics and supply chain management specialist ACA International has been advised by national law firm Hall & Wilcox on its sale to global logistics company Dachser.
Firm: Hall & Wilcox (ACA International)
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Deal: Dascher — a logistics company with over 31,750 employees worldwide and operations spanning 43 countries and 376 locations — has acquired ACA International, with Hall & Wilcox advising on all Australian law aspects of the deal, including the preparation and negotiation of all transaction documents.
“The acquisition is a win-win for both ACA International and Dachser, as Dachser will be able to offer an even broader range of logistics services, while ACA International’s clients will benefit from access to Dachser’s global network, technology and resources,” the firm said in a statement.
Area: Merger and acquisition
Key players: The Hall & Wilcox team was led by special counsel Conrad Smith, who was supported by lawyers Aron Mazur and Livia Tsipos. Partners Karl Rozenbergs and Rosemary Roach and lawyers Angeline Lee and Laura D’Aprano also assisted with various employment aspects of the transaction, and partner Ben Hamilton also provided advice on discrete copyright matters.
Deal significance: Mr Smith said: “The transaction has created significant growth opportunities for the business moving forward. Our client has made a wise decision in partnering with a leading player in the logistics sector, and we are thrilled with the outcome of this transaction.”
ACA International managing director Adam Cruttenden added: “This transaction presented multiple challenges with the deal parameters changing during the process. Hall & Wilcox were integral in meeting some key timelines working under time constraints during the Christmas holiday period and to meet final completion targets.
“Conrad, Aron and the broader Hall & Wilcox team went over and above to ensure we were supported and met the requirements of both ACA and Dachser, resulting in a positive outcome for all parties.”