find the latest legal job
Banking Associate - 1-6PQE - Allen & Overy
Category: Banking and Finance Law | Location: United Kingdom
· Banking Associate - 1-6 PQE - Allen & Overy
View details
Academic Dean and Head of School of the TC Beirne School of Law
Category: Other | Location: Brisbane QLD 4000
· An outstanding opportunity · Provide educational, research and organisational leadership
View details
Senior Property Lawyer I Commercial Litigator
Category: Property Law | Location: Arncliffe NSW 2205
· Rapidly growing law firm, working with a highly experienced team in a high growth industry across all areas of property and strata law
View details
Senior Property Lawyer I Commercial Litigator
Category: Property Law | Location: All Sydney NSW
· Rapidly growing law firm, working with a highly experienced team in a high growth industry across all areas of property and strata law
View details
Senior Property Lawyer I Commercial Litigator
Category: Property Law | Location: Sydney NSW 2000
· Rapidly growing law firm, working with a highly experienced team in a high growth industry across all areas of property and strata law
View details
Minters and Allens act on Primo deal

Minters and Allens act on Primo deal

Minter Ellison acted for the private equity majority owners of a local company, and Allens for the Australian arm of a Brazilian raider on the largest domestic private equity transaction for 2014.

 

Firms: Minter Ellison (Affinity Equity Partners, Lederer Family and Primo Smallgoods management); Allens (JBS S.A)

Deal: JBS S.A purchase the Primo Smallgoods Group, which was majority owned by the private equity consortium Affinity Equity Partners

Value: $1.45 billion

Area: Private equity

Key Players: Minters’ team was led by Martin Bennett (pictured), the head of Minters private equity team. He was supported by a host of partners, including Paul Schoff and Ricky Casali. Assistance was also provided by senior associate Jacqueline How and lawyers Simon Ayling, Damian Petrovic and Eric White. Senior Sydney-based Allens partners Richard Kriedemann and John Beckinsale led their respective teams, with Brisbane partner Geoff Rankin, senior associate Michael Scarf and associate Amit Jois also involved. “The sale is an outstanding result for Affinity, the founder Paul Lederer, and the management team and we would like to congratulate all of them on the transaction,” said Bennett

Deal Significance: Primo Smallgoods was founded in Sydney with 38 employees in 1985 by the Lederer family. The firm now has more than 4,000 employees nationwide and produces a range of meat-based products, with Affinity taking a controlling stake in 2011. Paul Lederer is the Primo Group chairman. This transaction saw JBA Australia, the nation’s largest domestic meat processing company, add to its stable of interests and that of its parent company, Brazil’s JBS S.A. The transaction is still subject to approval from the Foreign Investment Review Board and Australian Competition and Consumer Commission.

Like this story? Read more:

Book commemorates diamond milestone for WA law society

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

NSW proposes big justice reforms to target risk of reoffending

Minters and Allens act on Primo deal
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Gavel, legal book, criminal lawyers
Jan 19 2018
Three criminal lawyers named NSW magistrates
The NSW Attorney-General has announced the appointment of three new local court magistrates. ...
Warning
Jan 18 2018
Lawyer highlights ‘unintended consequences’ on SSM estate planning
A succession lawyer has warned that the right for same-sex couples to legally marry could have a sub...
drug rehabilitation services available in rural and remote communities
Jan 18 2018
ALS survey shines spotlight on insufficient rehabilitation services
A new survey posted by the Aboriginal Legal Service (NSW/ACT) has revealed an alarming insight into ...
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 & ...