McInnes Wilson Lawyers' Commercial team have assisted a client operating a building supplies company in the acquisition of a competitor’s parts supplies business.
The team also acted for the client of another parts supply business earlier this year.
The transaction involved the purchase of the business, negotiation of a 15-year lease of the business premises and an option to purchase the premises.
The team advised the client on all aspects of the transaction, which included:
- The initial negotiations between the parties in respect of the purchase of the business and the option to purchase the business premises;
- Contract and lease negotiations;
- Undertaking due diligence; and
- Completion of the acquisition.
The team was led by Principal Anthea Faherty and included Solicitor Georgia McNamara with assistance from Principal Brian Schech of the firm's Real Estate and Projects team.
If you would like to see how McInnes Wilson Lawyers can assist you and your business, please contact Anthea Faherty on 07 3231 0645 or afaherty@mcw.com.au or Georgia McNamara on 07 3292 5716 or gmcnamara@mcw.com.au.
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