Clyde & Co advises MB Solutions Australia on its purchase of Bluey Technologies
-
Press Releases 05 March 2021 05 March 2021
-
Asia Pacific
Global law firm Clyde & Co has advised MB Solutions Australia Pty Ltd on its purchase of Bluey Technologies Pty Ltd.
MB Solutions Australia is a leading supplier of construction chemicals and solutions, and forms part of MBCC Group owned by Lone Star, a global private equity firm.
MB Solutions Australia has acquired Bluey Technologies, a supplier of construction products for major civil engineering infrastructure works in the Australian, New Zealand and South East Asian markets, including pre-packaged cement, waterproofing products and ground improvement solutions.
Clyde & Co acted as transaction counsel for MB Solutions Australia. The Clyde & Co team was led by Avryl Lattin (Partner) and Johann Spies (Special Counsel), with the support of associates Dominik Kleemann and Ragavi Srikantha.
Avryl Lattin says: “We are delighted to have been able to advise the MBCC Group on this transaction, which underlines the significant investment opportunities that continue to be available in the Asia-Pacific market. We are looking forward to working with MBCC across the world as it continues to go from strength to strength.”
Johann Spies says: “It was a pleasure to be able to assist our client with this strategic acquisition and to work with the professional team at the MBCC Group. The deal highlights Clyde & Co's ability to support our global clients and we look forward to continuing to support the MBCC Group as they expand in the coming years.”
Clyde & Co's corporate team provides wide-ranging and detailed advice on corporate matters to clients operating in key sectors in mature and emerging markets across the globe. The team’s skill-set extends to all aspects of corporate transactions, including mergers and acquisitions, disposals and restructuring, and we can guide clients on every aspect of a transaction, supplying cross-border expertise from over 50 global offices as needed.
End