The deal is subject to ACCC approval
Clifford Chance has guided shareholders – including SCF Partners and Viburnum Funds, private equity firms based in Houston and Perth, respectively – on the $377m sale of Contract Resources to Cleanaway Waste Management.
The transaction is subject to certain customary conditions precedent, including ACCC approval.
Sydney partner Jacob Kahwaji led Clifford Chance’s deal team. Senior associates Sarah Jenkins and Jack Corcoran and associate Henry Garing provided support in Australia. Counsel Mark Grime and senior associate Sam Frouhar provided antitrust support.
UAE-based partner Jason Mendens, senior associate Callum Gribbin, and associate Stavros Paterakis extended support on the transaction’s Middle Eastern aspects.
Contract Resources provides critical path maintenance services to the energy sector and operates in Australia, New Zealand, and the Middle East. Cleanaway is an ASX-listed large total waste management company with over 7,900 staff members based in around 330 locations across Australia.
