K&L Gates represented the shareholders of VISA Global Logistic in the transaction.
VISA Global Logistics, a large logistics company with international operations, executed the sale of their shares to New Zealand company, Milan FF Group Limited – itself the product of a recent merger between Mondiale Freight Services and Direct Capital.
Upon completion, VISA Global Logistics merged with Mondiale Freight Services, with the combined entity operating under the new business name of Mondiale VGL. Having a revenue of circa AUD $1.2 billion, Mondiale VGL will sit in the top 30 ocean freight forwarders globally.
KPMG advised Mondiale and Greenstone Partners advised VISA Global Logistics.
The K&L Gates team was led by corporate partner Clive Cachia (Picture) supported by senior associate Priscilla Ng and lawyer Harriet Alexander.
Law Firms: K&L Gates;
Clients: VISA Global Logistics;