Ben Paterson

Private equity work highlights (continued) include acting for:

• Five V Capital on the sale of Education Perfect to KKR.
• The Carlyle Group on the New Zealand aspects of its acquisition of Accolade Wines.
• The Riverside Company on its sale of Simcro (a market leader in livestock pharmaceutical delivery devices) to Datamars.
• UP Education (a PEP portfolio entity) on its acquisition of NZ Tertiary College.
• Pacific Equity Partners, on its acquisition of Horizon Global’s Asia Pacific unit, and subsequent sale of Auto Pacific to GUD Holdings.
• Pacific Equity Partners on the New Zealand aspects of its A$1.14 billion sale of LifeHealthCare to EBOS.
• Primavera Capital and Shanghai Pharma on their consortium acquisition (via a scheme of arrangement) of Vitaco Holdings.
• CDH Fund V on its acquisition of an 80% interest in The Better Health Company (otherwise known as ‘Go Healthy’), a substantial New Zealand manufacturer and distributor of natural extracts and dietary supplements.
• Pacific Equity Partners on its $700m sale of Griffin’s Foods to Universal Robina Corporation.
• Pacific Equity Partners on its AU$670 million acquisition of 50% of SCA Hygiene Australasia.
• CITIC on its investment in LanzaTech.
• Crescent Capital and New Zealand Panels Group on the acquisition of the Bestwood and Kopine businesses from Carter Holt Harvey.
• Crescent Capital on the sale of Simply Squeezed juices to Frucor and the sale of Brandlines to DKSH. 
• Crescent Capital on New Zealand aspects of the dual track IPO/trade sale process for disposal of the National Hearing Care and Bay Audiology group (ultimately divested to Amplifon in 2010 for AU$460m).

M&A and transactional work highlights (continued) include acting for:

• Cedar Pacific on its acquisition of a student accommodation concession at the University of Canterbury.
• The shareholders of 180 Degrees crackers on the sale of a 100% stake to Arnotts (owned by funds advised by KKR).
• United Rentals on the New Zealand aspects of its $996 million acquisition of General Finance Corporation (which owns and operates the Royal Wolf business in New Zealand).
• Lion on its acquisition of Havana Coffee.
• Manuka Health New Zealand on its acquisition of Neuseelandhaus GmbH (a German distributor).
• A bidder for Tip Top. 
• Lion on its acquisition of Harrington's Breweries.
• Lion – Dairy & Drinks on its sale of the Yoplait yoghurt business to Goodman Fielder.
• Lion on its acquisition of Panhead Breweries.
• Oceania Healthcare on its initial public offering and dual listing on the NZX and ASX.
• Daiken on its acquisition of a large MDF (medium density fibreboard) production plant in Mataura from Dongwha International and Laminex.
• Fonterra Co-operative Group on its $342m joint venture with Abbott Laboratories, to develop a hub of five large scale dairy farms in China.
• Swissport on the New Zealand aspects of its acquisition of Aerocare (an Australian and New Zealand ground handling business).
• Accor Hotels on the New Zealand aspects of its proposed acquisition of the Mantra Group (by way of scheme of arrangement).
• A bidder for the Vector Gas transmission and non-Auckland distribution assets.
• The shareholders of Hally Labels in their divestment of the Hally Labels group to Hexagon Mercury Capital.
• Newmont Mining Corporation on its US$101m divestment of the Waihi Gold Mine to OceanaGold.
• Griffin’s Foods Limited on the acquisition of 50.1% of the shares in Proper Snack Foods Limited.
• Genesis Energy on its $735m IPO.
• Fonterra Co-operative Group Limited on its establishment of ‘Trading Among Farmers’ including establishing a new private share market operated by NZX Limited, and an initial public offering by the Fonterra Shareholders’ Fund and its listing on both the NZSX and ASX.
• A bidder for the New Zealand and Australian consumer finance businesses of GE Capital.
• Lion on its acquisition of Lindauer and other wine brands from Pernod Ricard.
• Lion on the buyback of its Newmarket brewery site.
• The shareholders of Torpedo7 on their sale to The Warehouse.
• Tyco International on its divestment (to Evergreen Group) of its cash handling and security operations in New Zealand and Fiji.
• CKI on its $490m acquisition of Envirowaste from Ironbridge.
• The Secure Future Consortium on the Wiri Prison PPP.
• An underbidder on the Transmission Gully PPP.

Other restructuring and insolvency work highlights include acting for:

• The receivers on the sale of various assets of the Pumpkin Patch retail group.
• The receivers on the sale of PK Furniture.
• The receivers on the sale of various assets of the Hurlstone Earthmoving group.
• The administrators of RedGroup on the sale of Whitcoulls and Bennetts.