Buddle Findlay is pleased to have advised a global asset manager on the sale of C3 Limited and the Pedersen Group in New Zealand and Australia to InfraRed Capital Partners.
Buddle Findlay was the lead legal advisor to the seller, with HSF Kramer advising the seller on the Australian aspects of the transaction. Moelis Australia acted as financial advisor to the seller.
The Buddle Findlay team was led by partner David Thomson and special counsel Ryan Ellis, with assistance from Nick Bragg and Min-Ji Yang.
C3 is a leading port logistics and materials handling business, operating across 15 port and inland sites throughout New Zealand and Australia, supporting critical import and export supply chains. C3 handles around half of New Zealand's log exports and also operates container logistics operations at key locations across New Zealand, including Port of Tauranga. Pedersen Group provides specialised wood chipping, debarking, and woodyard management services.
InfraRed Capital Partners is a leading international infrastructure asset manager, managing US$13b of equity capital for investors around the globe in listed and private funds, spanning core to value-add strategies.