Norton Rose Fulbright advises Egis on Calibre Professional Services acquisition in Australia and New Zealand

Global law firm Norton Rose Fulbright has advised global consulting, construction, engineering and operating company Egis on its acquisition of sustainable engineering and consulting services business Calibre Professional Services.

The acquisition provides Egis with an established company focused on urban development, water and roads, and building services and structures across Australia and New Zealand. The acquisition builds on Egis’ global engineering capabilities and bolsters its end-to-end sustainability service offering in Australia and New Zealand.

Calibre Professional Services has a team of over 400 people, and its focus on sustainability will enable Egis to expand its sustainable development offering to help to mitigate the impact of climate change and build strong and resilient communities.

The Norton Rose Fulbright team advised on all aspects of the competitive process deal, including legal due diligence, negotiation of sale documentation and warranty and indemnity insurance. The acquisition is subject to customary conditions, including regulatory approvals.

Norton Rose Fulbright corporate M&A partner Ben Smits commented:

“It was a pleasure to support long-standing client Egis in this successful competitive sale process. The transaction is indicative of the steps global consulting companies are taking to expand their sustainability offerings amidst a changing climate and ongoing energy transition. We are pleased to have helped Egis grow its offering in the dynamic markets of Australia and New Zealand and to lay a strong foundation to advise across the energy, water, transport and buildings and cities sectors.”

Ben Smits led the deal and was supported by a team of market leading lawyers across several disciplines including construction (Kevin Arkwright – Partner, Sydney), intellectual property (Georgina Hey – Partner, Sydney), finance (Vittorio Casamento – Partner, Sydney), insurance (Ray Giblett – Partner, Sydney) and corporate (Charlie Watson – Senior Associate, Sydney and Bill Lo – Senior Associate, Sydney).

On working with the Norton Rose Fulbright team, Oliver Leupold, Business Development Manager, Egis Projects Asia Pacific, commented:

“It was a pleasure extending our longstanding relationship with Norton Rose Fulbright to providing legal advice on this high-paced, competitive bidding process.Norton Rose Fulbright’s ability to work collaboratively with multiple internal stakeholders in different time zones and its expertise in warranty and indemnity insured deals are among the many contributing factors to reaching a successful outcome.”

Norton Rose Fulbright has advised on a range of other prominent recent deals, including:

• advising Colliers, a leading international diversified professional services and investment management company, on its acquisition of a controlling interest in engineering and urban design group PEAKURBAN
• advising global high-tech engineering group Sandvik on its agreement to acquire Australian advanced optimisation software and services company, Polymathian Industrial Mathematics
• advising Sandvik on its proposed acquisition of Deswik Group, a Brisbane-based software business that focuses on mining industry products
• acting as legal advisors for Gaw Capital Partners on its majority investment in Maoneng Group’s portfolio of BESS and solar development projects across Australia
• advised the leading green fuel developer InterContinental Energy on bp’s entry into the Asian Renewable Energy Hub (also known as the AREH project)
• advising Federation Asset Management on its investment in the Riverina and Darlington Point Battery Energy Storage Systems (BESS) in New South Wales
• advising in relation to bp’s entry into the Asian Renewable Energy Hub – the world’s largest renewables and green hydrogen energy hub planned for the Pilbara region of Western Australia
• advising ENEOS on its Joint Venture with TotalEnergies to develop onsite B2B solar distributed generation across Asia.