The firm fielded a cross-border team to ensure the acquisition succeeds
DLA Piper has helped a Belgium-headquartered multinational company acquire a major lighting company in Australia.
The global firm said it fielded a cross-border team to advise Schréder Group on its acquisition of Gerard Lighting Group (GLG). The firm said that GLG is Australia’s largest provider of lighting for commercial, trade, and residential markets, as well as construction and infrastructure projects, in both Australia and New Zealand.
“GLG’s outdoor-lighting business, Sylvania, and indoor-lighting business, Austube, will serve as a new base for Schréder in Australia,” DLA Piper said.
The global law firm’s team was led by Grant Koch, head of corporate Australia. He was supported by special counsel James McCarthy, solicitor Claudia McEwen, and foreign legal associate Ditte Lundberg.
The cross-border team also included intellectual property and technology partner Nicholas Boyle and senior associate Alexandra Dagger, who handled transitional arrangements. Corporate partner Michaël Heene led the DLA Piper Belgium team, which also supported the deal.
The acquisition is a significant milestone in Schréder’s growth and evolution and allows Schréder to secure a stronger market position in Australia, Koch said. The acquisition is expected to be completed by the end of next month.
