Thomson Geer has advised ASX-listed health, wellness and beauty products supplier McPherson's Limited on the sale of its Multix brand of bag, wrap and foil products to International Consolidated Business Group (ICBG) for A$19 million.
The sale is part of McPherson's strategic reset to focus on a core portfolio of brands in health, wellness and beauty.
Thomson Geer brought together a multi-disciplinary team to advise on all aspects of the transaction including compliance with ASX Listing Rules, banking approvals, transaction documents and completion.
The team was led by Partner Jason Marcus, who said: "We are pleased to be able to provide McPherson's with a complete legal service that smoothed the way for this transformative transaction for the company.
"With expertise covering all aspects of the deal, Thomson Geer provided a seamless service for our client."
Jason was supported by Senior Associate Hansel Tsang, Partner Sanushka Seomangal and Partner Marc Saadie.