King & Wood Mallesons (KWM) has advised Super Retail Group on its acquisition of the outdoor equipment and clothing retailer, Macpac, for NZ$144 million (A$135 million).
Macpac is a vertically integrated retailer which currently has 54 retail stores across Australia and New Zealand, as well as an online webstore which services a number of other countries. Super Retail Group intends to consolidate its existing Rays business with Macpac, under the Macpac brand.
The KWM team was led by Brisbane based Mergers & Acquisitions Partner Rhys Casey, supported by Senior Associates Isaac Evans, Mandy Tsang and Greg Protektor, and Solicitors Heather Boulton and Samir Bhagat.
Commenting on the acquisition, Rhys Casey said: "We are really pleased to have partnered with our long-standing client Super Retail Group on this acquisition, which will support its strategy to build a leading outdoor adventure retail business in Australia and New Zealand."
