Allens has advised an Equilibrium Capital led consortium on their investment in one of Australia's largest privately owned fresh produce businesses, Perfection Fresh.
The investment will support Perfection Fresh's growth strategy, including building on its current facilities, growing its controlled environment agriculture footprint, and expansion into Asia and other international markets.
The Allens team brought deep private capital and agriculture sector experience to this transaction.
'We are delighted to advise the Equilibrium Capital led consortium on their strategic partnership with Perfection Fresh. We look forward to the exciting growth opportunities that this will provide for consortium members and the business,' said lead Partner Jessica Choong.
'As is demonstrated by this deal, Australian agriculture continues to be an appealing opportunity for international investors and private capital investors in particular,' said Partner and Co-Head of Private Equity Mark Malinas.
'We expect to see continued investment activity in this sector.'
Allens legal team
Jessica Choong (Partner), Mark Malinas (Partner, co-Head of Private Equity), Gadi Bloch (Special Counsel), Nicholas Twomey (Senior Associate), Chris Bailey (Associate), Jin Pang (Lawyer), Tim Tabalujan (Lawyer)
Environment & Planning
Naomi Bergman (Partner), Gobind Kalsi (Managing Associate), Zainab Mahmood (Senior Associate), Emma Pendlebury (Associate), Rachael Eustace (Lawyer)
Caroline Ryan (Partner), Nadia Diaz (Managing Associate), Stefan Ladd (Associate)
Sikeli Ratu (Partner), Rachel Skevington (Associate)
Real Estate & Development
Michael Graves (Partner), Eugene Tan (Managing Associate), Tina Tran (Associate)
Technology, Media and Telecommunications
Michael Park (Partner), Jamie Griffin (Senior Associate)
Banking and Finance: Warwick Newell (Partner), Madeleine Tehan (Lawyer)
Craig Milner (Partner)