Thomson Geer advised on the $130 million merger of the QBiotics Group by the use of two schemes of arrangement to tophat existing companies, QBiotics Limited and EcoBiotics Limited, with a new holding company, QBiotics Group Limited.
The schemes were approved by the Federal Court on 31 July, and the merger was completed on 15 August 2017.
The Corporate teams in Thomson Geer’s Brisbane and Sydney offices worked together on this deal.
The Brisbane team, headed by Partners Roberta Bozzoli and Philip Byrnes and assisted by Partner Sylvia Fernandez, Senior Associate Nick Riordan, and Lawyers Tom Honeywill and Danielle Stone, advised the new parent company, QBiotics Group Limited and QBiotics Limited on the implementation of the QBiotics Limited scheme.
The Sydney team, comprising of Partners Dan Kramer and Ebru Davidson and Special Counsel Sanushka Seomangal, advised EcoBiotics Limited on the implementation of the EcoBiotics Limited scheme.