Corporate partner Andrew Hay led our team, which included senior associate Lisa Tolhurst and lawyer Kai Priestly.
Commenting on the transaction, Andrew said:
In a challenging climate for fast food restaurant operations and M&A generally, we are delighted to have assisted Collins Foods complete this strategic transaction that allows them to redeploy capital into and attention towards their core Collins Foods’ Australian and European operations.
The sale was run through CFG Finance Pty Ltd (a wholly owned subsidiary of Collins Foods), via Minor acquiring 100 per cent of the issued shares held by CFG Finance in SingCo Trading Pte Ltd (SingCo).
Minor has acquired several subsidiary entities associated with the Sizzler Asia business which Collins Foods owned, including the franchisor entities for Sizzler restaurants in Japan and Thailand and the entities that own various Sizzler trademarks and other intellectual property, including the Australian registered trademarks.
