find the latest legal job
Corporate/Commercial Lawyers (2-5 years PAE)
Category: Corporate and Commercial Law | Location: Adelaide SA 5000
· Specialist commercial law firm · Long-term career progression
View details
Graduate Lawyer / Up to 1.5 yr PAE Lawyer
Category: Personal Injury Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Mentoring Opportunity in Regional QLD · Personal Injury Law
View details
Corporate and Commercial Partner
Category: Corporate and Commercial Law | Location: Adelaide SA 5000
· Full time · Join a leading Adelaide commercial law firm
View details
In-house Legal Counsel & Commercial Lawyers
Category: Corporate and Commercial Law | Location: All Sydney NSW
· Providing lawyers with flexibility and control over when they work, how they work and who they work for.
View details
In-house Legal Counsel & Commercial Lawyers
Category: Corporate and Commercial Law | Location: All Melbourne VIC
· Providing lawyers with flexibility and control over when they work, how they work and who they work for.
View details
$34m acquisition of Dunlop Flooring underway

$34m acquisition of Dunlop Flooring underway

Michael Linehan

A UK company has been advised on its impending acquisition of Australian underlay and hardwood flooring manufacturer Dunlop Flooring.

Firms: Clayton Utz (Victoria PLC); Herbert Smith Freehills (Pacific Brands Limited)

Deal: Victoria PLC has been advised on its proposed $34 million acquisition of Dunlop Flooring from Pacific Brands Limited.

Value: $34 million

Area: M&A

Key players: The legal team advising Victoria PLC is being advised by Clayton Utz partner Michael Linehan (pictured) and senior associate Quentin Reidy.

Deal significance: This transaction was announced to the market last month and is expected to be completed by March 2017, subject to customary conditions precedent.

It is the latest strategic acquisition by Victoria PLC of an Australian-based business, with the company acquiring Quest Carpet in 2015.

Clayton Utz partner Michael Linehan and senior associate Quentin Reidy also advised Victoria PLC on that transaction, which Victoria PLC chairman Geoff Wilding said had contributed materially to the company's "outstanding" performance in the Australian market.

Mr Linehan said Clayton Utz was pleased to have the opportunity to work with Victoria PLC on another important and strategic acquisition as it expands its Australian footprint.  


Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

$34m acquisition of Dunlop Flooring underway
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Dec 11 2017
Warm welcome for new district court judges
Three practitioners who were appointed as district court judges in WA have been congratulated by ...
Lawyers welcome same-sex marriage reform
Dec 11 2017
Lawyers welcome same-sex marriage reform
Australian lawyers have welcomed the recent legalisation of same-sex marriage, after a prolonged nat...
Senate disallows double standards for temporary visa holders
Dec 8 2017
Senate disallows double standards for temporary visa holders
Lawyers have welcomed the Senate’s rejection of regulations imposing strict penalties on temporary...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...