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:

• Advising Genesis Energy on its establishment of a joint venture with the solar farm developer FRV Australia, to develop up to 500 megawatts of large-scale solar energy projects over the next five years.

• The founders of Mondiale on the divestment of a 50% stake to Direct Capital. 

• Sinch on the New Zealand aspects of its US$1.3 billion acquisition of MessageMedia.

• An underbidder for Ziwi Pet Food. 

• 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.