DibbsBarker advises Kilargo Pty Ltd on sale of manufacturing business to dormakaba Group
|Services:||Corporate & Commercial, Real Estate & Construction|
|Industry Focus:||Real Estate & Construction|
|Date:||07 August 2017|
DibbsBarker has advised the shareholders of Kilargo Pty Ltd on the sale of their manufacturing business to the dormakaba Group.
The DibbsBarker team was led by corporate partner Juanita Rayson, and supported by associate Michelle Hyams. Matthew Rollason, property partner, and Rebecca Tyquin, lawyer assisted with the property aspects of the transaction.
Kilargo is a leader in the building hardware industry, producing and selling a wide range of door seals that contain fire, smoke and sound in buildings.
Through this sale, the owners of Kilargo have sold all of their shares, as well as their manufacturing and international sales office assets, to the dormakaba Group, a global provider of products and services related to doors and secure access to buildings. The sale completed last month.
DibbsBarker’s lead partner Juanita Rayson said: “We were delighted to advise Kilargo’s owners on this significant deal, which will see their home-grown Australian business extend its global reach even further. The high level of cohesion between Kilargo’s owners and the dormakaba Group’s management team was key to facilitating the smooth execution of this transaction.”
For more information, please contact:
Amanda Parks | Communications Manager
T +61 2 8233 9704