Gilbert + Tobin has advised Komatsu on the acquisition of Immersive Technologies, one of the world’s largest suppliers of surface and underground equipment simulators.
The transaction forms part of Komatsu’s firm-wide initiative of working together with its customers to achieve safe, highly productive, smart and clean worksites of the future and will assist Komatsu to further contribute to improving its mining customers’ safety and productivity and to optimizing their operations.
G+T Corporate Advisory Partner David Josselsohn led the G+T team, with Senior Lawyer Ilona Hunnisett, Lawyer Adrian Zhang and Graduate James Soussa forming part of the core transaction team. The team were also supported by specialists throughout the firm including Competition + Regulation Partner Charles Coorey, Tax Partner Muhunthan Kanagaratnam, Disputes + Investigations Special Counsel James Pomeroy and Lawyer Jacqui Ellis.
Commenting on the deal, Partner David Josselsohn said, “We are delighted to have advised Komatsu on this strategically important transaction, working seamlessly with their Japanese advisers to deliver a successful outcome which represents an exciting growth opportunity for Komatsu.”
Gilbert + Tobin’s market-leading Corporate Advisory team has advised on many of Australia’s largest and most innovative transactions, including recently advising DuluxGroup on its proposed $4.2 billion acquisition by Nippon Paint, BGH Capital on its proposed $2.3 billion acquisition of Navitas, TPG on its $665 million acquisition of Greencross and Viva Energy on its $2.65 billion IPO.