TS International Snapshots 2022

BDOTRANSACTION SERVICES

AUSTRALIA

Acquisition of the CWGroup by Azelis S.A.

Azelis Australia is active in a broad range of markets – personal care, home care and industrial cleaning, agriculture and horticulture, pharmaceutical, animal health, food, CASE, leather and textile and timber treatment and other chemicals. The CWP Group is headquartered in Sydney, New SouthWales and specialises in the distribution of food ingredients for the bakery and meat market as well as specialty chemicals for the agriculture market. BDO was engaged by Azelis S.A to perform the financial and tax due diligence and assist with the SPA completion mechanism. BDO’s due diligence reports were very helpful for the structuring and completion of our CWP acquisition. The BDO teams provided regular updates and advice throughout the process that helped us achieve a positive outcome for both sides. We would not hesitate to recommend BDO for this type of work.

Nomura Research Institute, Ltd (NRI) completed the acquisition of Planit Test Management Solutions Pty Ltd (Planit) on 14 May 2021. NRI completed the acquisition through its Australian subsidiary Nomura Research Institute Australia, Pty Ltd. The acquisition of Planit builds on NRI’s previous investments in Australia including ASG Group Limited and Australian Investment Exchange Limited. Planit is headquartered in Sydney and specialises in providing software testing, quality engineering and automated testing solutions, as well as related consultancy services. BDO was engaged by Nomura Research Institute Australia to perform the financial and tax due diligence, and also to assist with the SPA completion mechanism drafting. BDO’s due diligence reports and advice were hugely helpful for evaluating our Planit acquisition and ensuring a positive outcome. The BDO teams provided advice throughout the process that helped us achieve a positive outcome, and worked to tight deadlines to ensure that the transaction progressed smoothly. We would not hesitate to recommend BDO’s due diligence services.

Acquisition of Planit Test Management Solutions by Nomura Research Institute

BDO contact for this transaction

SEBASTIAN STEVENS Partner in Charge Advisory Corporate Finance sebastian.stevens@bdo.com.au

Dennis Verhaert | Head of M&A, Azelis S.A.

Yohei Takatsu | Manager of Financial Team, Nomura Research Institute

INTERNATIONAL SNAPSHOTS 2022

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