You have 0 free articles left this month.
Corporate Counsel

Sydney-based surf manufacturer acquired

Three firms have advised in the acquisition that saw Gowing Bros. Ltd acquire 100 per cent of the shares in a Sydney-headquartered surf-wear manufacturer.

December 23, 2016 • By Emma Musgrave
Share this article on:
Facebook X LinkedIn
Matt Egerton-Warburton
expand image

Firms: PwC (Gowing Bros. Ltd); King & Wood Mallesons (SurfSitch Group Limited); Deloitte (SurfStitch Group Limited)

Deal: Gowing Bros. Ltd has acquired 100 per cent of the shares in SHI Holdings Pty Limited from the SurfStich Group.

Value: $17 million

Area: M&A

Key players: Leading the PwC legal services team was M&A partner James Delesclefs, with directors Samantha James and Sophie Raven, and lawyers Steph Baker and Genevieve Edye.

 
 

This content is available exclusively to Lawyers Weekly premium members.
Partners and other professionals from PwC's deals and corporate tax teams also provided services.

Matt Egerton-Warburton (pictured) led the King & Wood Mallesons team, supported by Oliver Kabongo.

Callum Greig of Deloitte was corporate advisor to SurfStitch Group Limited.

Deal significance: SHI Holdings Pty Limited is a Sydney-headquartered manufacturer and global supplier of surf related hardware products under four highly recognised brands, including FCS, Gorilla, Softech and Hydro.

This sale concludes a sale process by the SurfStich group approximately one year after it acquired the business.

Want to see more stories from trusted news sources?
Make Lawyers Weekly a preferred news source on Google.
Click here to add Lawyers Weekly as a preferred news source.

Discover logo VIEW ALL

Emma Musgrave

Emma Musgrave

Author

Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.

Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences. 

Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.

She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University. 

Email Emma on: This email address is being protected from spambots. You need JavaScript enabled to view it. 

Know More
Tags