Pinsent Masons advises Signify N.V. on its acquisition of Pierlite
21 Feb 2022 | 10:59 am |
Multinational law firm Pinsent Masons has advised Signify N.V. on its agreement to acquire the Pierlite business from Bain Capital and Investec owned Gerard Lighting Group, one of Australia’s oldest lighting and technology companies.
Pierlite is a leading lighting solutions provider for indoor lighting applications in Australia and New Zealand. Signify (formerly known as Philips Lighting) is the world leader in commercial and consumer lighting, and lighting for the Internet of Things.
The firm’s cross border Australia and China-based team advised Signify on employment and contractual matters led by Melbourne-based corporate partner Ewan Robertson leading the team. Anderson Lloyd advised on New Zealand specific matters.
Commenting on the deal Ewan Robertson said:
“It’s been a pleasure to work with the Signify team on what is a key acquisition in line with its strategy to expand within highly attractive market segments.
“It will bring together the strong R&D and innovation capabilities of a global leader with the significant expertise and network of a local brand and also strengthen Signify’s position in the Australian and New Zealand lighting markets and provide growth opportunities.”
The multijurisdictional team comprised of Tim Dorgan, Harry Martin, Sarah Chan, Elizabeth Bruce, Emma Lawson, Lisa Meyer, Wei Liu, Cicely Sylow, Ginger Zhou, Roxanne Hart, Harry Grewal, Vanessa Scrivener, Deanne Ogilvie, Leanne Olden and Qiyu Lu.
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