Client says firm's team was diligent, proactive, commercially focused and innovative
Logie-Smith Lanyon (LSL) was the legal counsel of Bonacci Group in its acquisition by Meinhardt, an Asia-based engineering giant.
Andrew Logie-Smith, LSL managing partner, said that Bonacci is a long-established and iconic brand in the sector. The newly minted Meinhardt-Bonacci has strengthened its position as an industry leader in Australia with the deal, he said.
The financial value of the deal was not disclosed.
Logie-Smith described the acquisition as a complex cross-border transaction, which was undertaken by the Melbourne-based full-service law firm’s commercial team. The work has received praise from Bonacci.
“The commercial team at Logie-Smith Lanyon were diligent, proactive, commercially focused, and innovative in their approach to this deal. They worked shoulder to shoulder with our other advisors and delivered a seamless service underpinned by valuable legal and commercial advice,” said Stephen Payne, Bonacci Group chairman.
The combination is a great outcome for LSL’s client, which has grown its business from the ground up in the last four decades, Logie-Smith said.
Meinhardt-Bonacci has about 300 staff across six offices in Australia and New Zealand. The company is part of the larger Meinhardt Group, which has more than 4,5000 people across 51 offices around the world.
