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Buslink acquired by Singaporean transport company

Lander & Rogers has advised Singapore-headquartered company ComfortDelGro Group on its acquisition of Aussie bus company, Buslink.

November 22, 2018 By Emma Musgrave
Buslink

Source: buslink.com.au

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Firm: Lander & Rogers (ComfortDelGro Australia Pty Ltd); Herbert Smith Freehills (Buslink)

Deal: ComfortDelGro Group, via its wholly-owned subsidiary ComfortDelGro Australia, has acquired Buslink.

Value: $191 million

Area: M&A

Key players: The Lander & Rogers legal team was led by partner Deanna Constable. Ms Constable was supported by partners Julian Olley, Aaron Goonrey, and Tean Kerr, senior associates Helen Scott and James Hill, special counsel Eddy Goldsmith and Keiran Breckenridge, and lawyers Aneesa Clark, Luke Scandrett and Julie Nettle.

Deal significance: According to a statement from Lander & Rogers, this transaction marks ComfortDelGro’s largest acquisition in Australia to date, adding to the company’s operations in NSW, Victoria, Northern Territory, and Queensland.

“The purchase of Buslink gives ComfortDelGro immediate access to the Northern Territory and Queensland markets in which it currently does not have a presence, and enables it to grow its existing operations in NSW and Victoria,” the statement said.

Deanna Constable, Lander & Rogers’ lead partner on the transaction, added: “This transaction moved quickly and involved a close and collaborative working relationship with the fabulous ComfortDelGro team and its other advisers — it was truly a team effort!” 

It comes after Lander & Rogers recently advised ComfortDelGroup on its acquisition of Forest Coach Lines in NSW and Tullamarine Bus Lines in Victoria.

Emma Musgrave

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. 

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