Thomsons advise on Intercast & Forge sale

27 February 2012

News

Thomsons Lawyers recently advised Champ Ventures and other shareholders on the sale of Intercast & Forge Pty Ltd to Pandrol Australia Pty Ltd.  Intercast manufactures castings and undertakes forging services for industry including rail, mining and automotive businesses. 

Pandrol Australia Pty Limited is a member of the Pandrol International group of companies, the world’s leading supplier of resilient rail fastening systems and solutions. Intercast manufactures castings and undertakes forging services for industry including rail, mining and automotive businesses.  Champ held the investment for approximately 11 years.

The Thomsons team was led by Adelaide Corporate Partner, Loretta Reynolds with support from Senior Associate, Carissa Prescott. Shareholders were advised by David Egan and Ashley Hunter at Deloitte.