Macspread has speciated in vegetation management in the forestry and industrial sectors for more than 30 years, researching and developing products in the forestry and vegetation markets.
Syngenta is a global leader in agricultural innovation looking to enter into those markets.
The acquisition not only marks Syngenta’s entry into those markets but also secures its ability to service both large-scale commercial plantation customers, as well as growing farming forestry clientele focused on improving financial substantiality and environmental biodiversity on the farm.
Rouse Lawyers represented a major shareholder and former long time member of the management team, Mr. Malcolm Ferguson, throughout the entire transaction, including the negotiation of the share purchase agreement where the board had engaged its own lawyers.
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We were pleased to receive the following testimonial in this transaction:
“The business in which my wife and I were partners, through our self-managed superannuation fund, received a purchase offer from a multinational entity that all partners believed was a good offer. While the company employed solicitors to act on behalf of the shareholders, we employed Rouse Lawyers to ensure that all the negotiations were at industry standards but also ensured that the negotiations were appropriate for our self-managed superannuation fund.
Peter and his team did a marvellous job of providing alternative clauses to the original agreement that benefited all shareholders as well as keeping us well informed as to why their suggestions were important in the negotiations. We have used Rouse Lawyers for other matters in the past and found them to be very helpful and engaging and this recent situation has confirmed to us that any further business dealings that we have, Rouse Lawyers will be overseeing our side of the negotiations.”
– Malcolm Ferguson, now former major shareholder of Macspred Australia.