Acquisition of ground support products manufacturer in mining industry
Piper Alderman advised Normet on its acquisition of a leading Australian manufacturer and supplier of ground support products, Garock.
Normet Group Oy (Normet) is a Finland-headquartered, global innovative technology company offering continuous improvements to underground construction and mining processes with a focus on increased safety, productivity, and profitability. Normet employs over 1,600 professionals and operates globally in over 50 locations and 30 countries. As part of this acquisition, Normet strengthened its portfolio in respect of dynamic ground support products and its capability for underground mining and construction infrastructure projects.
Piper Alderman has advised Normet on its acquisition of a leading Australian manufacturer and supplier of ground support products for the mining and civil industries, Garock Pty Ltd (Garock). The deal team advised on all aspects of the transaction, including in relation to due diligence, preliminary negotiations, drafting and negotiating the transaction documentation and completion.
Piper Alderman also provided important advice in respect of a range of intellectual property, employment and real property issues as part of the transaction process. The wealth of legal experience across Piper Alderman enabled the deal to be completed successfully without any hurdles.
Kimmo Karihtala, General Counsel of Normet said:
“Thanks to James and the team at Piper Alderman for assisting us in navigating the complexities of this transaction with practical and commercial legal solutions delivered in a timely manner”.