Norton Rose Fulbright (NRF) has advised a Japanese chemicals giant on its acquisition of a Tasmanian business.
NRF acted for Sumitomo Chemical on its acquisition of Botanical Resources Australia, which is a major supplier of insecticidal compounds. The firm fielded a team from Sydney and Melbourne as Sumitomo acquired 82.9% of Botanical Resources and affiliated companies. McLaughlin Gormley King Company, a Sumitomo subsidiary, owns the remaining interest in Botanical Resources.
Partner James Stewart, who led the NRF team, said the firm’s global footprint and experience in agribusiness allowed it to deliver the multijurisdictional services needed for the acquisition.
Stewart’s was supported in the Botanical Resoures deal by partners Raymond Lou, Martyn Taylor, Helene Lee, Elisa de Wit, Matthew Ellis, and Justin Lucas; special counsels Andrew Willekes, Jamie Griffin, and Nicki Milionis; senior associates Jacqueline Plant, Nicole Bury, and Lauren Ritchie; and lawyer Sai Ma.
Stewart also recently led the NRF team that assisted Sumitomo with another deal. Nufarm, which is 20% owned by Sumitomo, raised capital to fund the US$490m acquisition of the Century Group portfolio.
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