Chapman Tripp and Bell Gully confirmed their roles in recent significant transactions
In recent weeks, Chapman Tripp has advised on a billion-dollar deal while Bell Gully worked with iconic brand Chanel.
Partner Rachel Dunne led a Chapman Tripp team that advised Jardine Matheson as it acquired I-MED Radiology Network for a total enterprise value of AU$3.4bn in a deal that marks its debut in the Australia and New Zealand markets.
Chapman Tripp handled the New Zealand legal aspects of the acquisition agreement, which will see Jardine Matheson take the entire I-MED Radiology Network from funds advised by Permira, acting through their UK platform, and other existing shareholders. This includes I-MED Radiology Network’s minority interest in radiology AI solutions developer Harrison.ai.
Jardine Matheson will finance the deal through existing cash resources and debt facilities. In addition to Chapman Tripp, Jardine Matheson took legal advice from lead counsel Allens and international counsel Linklaters and Cooley.
Rothschild and Co was the company’s exclusive financial adviser on the deal, while EY-Parthenon was the financial and tax adviser.
Dunne was supported by partner Philip Ascroft and senior solicitors Bill Caldwell and Ruth Wright. Lucy Cooper, Sophie Harker, Grace Rippingale and Scarlet Roberts offered specialist guidance.
I-MED Radiology Network provides diagnostic imaging and teleradiology services in Australia, New Zealand and the US.
Bell Gully assisted Chanel with its investment in Central Otago-based fine wool producer Lammermoor Station.
The iconic fashion brand has invested in a joint venture launched to own and back Lammermoor Station alongside the station’s New Zealand’s owners. The brand aims to help the station secure a Regenerative Organic Certification so that Lammermoor Station becomes the first Regenerative Organic Certified fine wool-producing farm in the world.
The Overseas Investment Office greenlit the investment under the Overseas Investment Act and the the benefit to New Zealand pathway. The office highlighted upticks in premium wool export receipts as well as heightened recognition of the local wool industry for luxury products; it also pointed to environmental benefits.
Partners Gabrielle Menzies and Glenn Shewan spearheaded the Bell Gully team on the deal. They received support from partners Jane Holland, Jennifer Gunser and Rosemary Wooders; senior associate Sarah Brougham; and lawyers Ben Clarke and Nicholas Goodman.
