16 October 2017

Bindaree Beef Group sells majority interest

King & Wood Mallesons (KWM) advised family and employee-owned Bindaree Beef Group, one of Australia’s largest meat processors, on its sale of a majority interest to the Hong Kong based Hui family and investment firm, Archstone Investment (Consortium).

The Consortium successfully emerged as the majority joint venture partner for the existing shareholders following a lengthy sale process.

A multilingual and cross practice KWM team advised Bindaree Beef, led by M&A Partner Shannon Finch with Senior Associates Intan Eow and Lauren Beasley and Solicitors Kenny Chen and Hanyi Shen. The matter also drew on the talents of KWM’s trade finance team, John Canning, Andrew Rajanayagam, Tejaswi Nimmagadda and Tim Nelmes, KWM’s dispute resolution team Moira Saville and Peta Stevenson, and KWM’s Beijing and Shanghai offices.

Shannon Finch said the complex matter required the team to balance the interests of the diverse stakeholders, including the family founders, employees and multiple Chinese investors during a competitive process.

“KWM was uniquely positioned to respond to these challenges, with our unrivalled Asia offering and expertise.”

Media contact

Share on LinkedIn Share on Facebook Share on Twitter Share on Google+
    You might also be interested in

    KWM has advised ME Bank on Australia’s third-ever wholesale Additional Tier 1 Capital deal.

    22 November 2017

    The transaction will enable the development of the Sole gas field in the Gippsland Basin offshore Victoria, and open up further gas supply for the domestic Australian market.

    01 November 2017

    King & Wood Mallesons advised Suncorp Group Limited on its latest Capital Notes offer, an issue of Capital Notes 2 to raise Eligible Additional Tier 1 Capital.

    31 October 2017

    KWM advised the Clean Energy Finance Corporation as the sole debt financier in relation to its $94 million funding of the 60MW hybrid Kennedy Energy Park.

    24 October 2017

    You may also be interested in...