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Thomsons advises on Intercast & Forge sale

Thomsons advises on Intercast & Forge sale

Thomsons Lawyers and Coleman Greig Lawyers have helped to cast an M&A deal for a leading supplier of rail fastening systems.

Firms: Thomsons Lawyers (shareholders including Champ Ventures), Coleman Greig (Pandrol)

Deal: Pandrol Australia Pty Ltd acquires Intercast & Forge Pty Ltd

Area: M&A

Value: Undisclosed

Key players: Adelaide partner Loretta Reynolds (pictured) led the Thomsons team, with support from corporate senior associate Carissa Prescott

Deal significance: Pandrol Australia Pty Limited is a member of the Pandrol International group of companies, the world's leading supplier of resilient rail fastening systems and solutions. Intercast manufactures castings and undertakes forging services for industry including rail, mining and automotive businesses. Champ held the investment for approximately 11 years.

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