International law firm Ashurst is advising Kookaburra Sport Pty Ltd ('Kookaburra') on the acquisition of the assets and business of Burley Sekem Pty Ltd ('Burley-Sekem').
Kookaburra is a closely held proprietary company which manufactures and retails sporting goods and apparel in Australia, including cricket balls for one-day and international test cricket..
The Ashurst team was led by corporate partner Elspeth Arnold, assisted by lawyers James McGhie, Lizzie Bird and Stephanie Mattei. Employment advice was provided by partner Jane Harvey, senior associate Emilie Maddox and lawyer Lucy Jedlin. Partner Lionel Meehan and lawyer James Maguire advised on the finance aspects. Tax advice was provided by partner Ian Kellock and lawyer James Sainty, and partner Kellech Smith and lawyer Carrick Brough advised on IP matters.
Commenting on the transaction, Elspeth Arnold said:
"We are pleased to have assisted Kookaburra Sport in its acquisition of Burley-Sekem. Like Kookaburra, Burley-Sekem is an iconic Australian sporting brand and we trust the complimentary nature of this acquisition will further build the profile of both brands in Australia."
Matter Type
Asset Sale: Acquiror's Counsel
Industry
Sport & Leisure
News Category
Real Estate & Construction
M&A