find the latest legal job
Senior Associate - Litigation & Dispute Resolution
Category: Litigation and Dispute Resolution | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Come work for a firm ranked in Lawyers Weekly Top 25 Attraction Firms
View details
Associate - Workplace Relations & Safety
Category: Industrial Relations and Employment Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Employer of choice · Strong team culture
View details
Freelance Lawyers
Category: Banking and Finance Law | Location: All Perth WA
· Freelance opportunities through Vario from Pinsent Masons
View details
Freelance Lawyers
Category: Other | Location: All Adelaide SA
· • Qualified lawyer with a strong academic background
View details
Freelance Lawyers
Category: Other | Location: All Melbourne VIC
· • Qualified lawyer with a strong academic background
View details
Thomsons Lawyers advises on Osmoflo buy out

Thomsons Lawyers advises on Osmoflo buy out

Thomsons Lawyers has advised Australian local desalination company Osmoflo in an acquisition by a Japanese global trading firm.


THOMSONS Lawyers has advised Australian locally owned desalination company Osmoflo as it has been partly acquired by a listed Japanese global trading firm. 


Marubeni Corporation has acquired a 40 per cent stake in Osmoflo.


The Australian company has experienced large growth and has built more than half of the desalination plants in use in Australia, Thomsons Lawyers said in a statement. Osmoflo operates around 130 of the 300 plus plants it has supplied.

 

Partner Loretta Reynolds and senior associate Carissa Hillyard lead the Thomsons Lawyers team. 

 

"We were very pleased to assist Osmoflo in this transaction. The investment by Marubeni will substantially benefit Osmoflo and will give them a global edge to their growth strategy," Reynolds said.

 

Marubeni has global interests in oil, gas, mining, power and numerous other activities and will position Osmoflo as its strategic partner for desalination and industrial water treatment projects internationally as well as in Australia.


Marubeni expects Osmoflo will expand the business activities through the collaboration with its other water companies, such as Aguas Nuevas  in Chile and Anhui Guozhen in China.

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

Thomsons Lawyers advises on Osmoflo buy out
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Quentin Bryce
Oct 18 2017
DV has worsened in a generation: Quentin Bryce
Former governor-general of Australia Dame Quentin Bryce AD CVO has spoken of her deep distress about...
Lawyers
Oct 18 2017
Academics entertain the idea of law without lawyers
Researchers from Queensland will explore some of the most disruptive trends tipped to transform the ...
Please, Continue (Hamlet), Melbourne Festival
Oct 16 2017
Hamlet suffers slings and arrows of top Victorian barristers
Victorian judges and barristers have performed the unique play Please, Continue (Hamlet) at the Melb...
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 & ...