The proposed acquisition of Delta, will allow Elders to enhance its existing capabilities and expand its footprint across key rural markets.
A multi-disciplinary team across mergers and acquisitions, equity capital markets, debt financing, insurance environment and employment law came together to guide Elders across due diligence, drafting and negotiating transaction documents, advising on warranty and indemnity insurance, and advising on the equity raising and debt financing.
The MinterEllison team was led by Partners Bart Oude-Vrielink and Sudharshan Senathirajah, with senior associates, associates, and specialists from various practice areas providing invaluable expertise.
Commenting on the deal Partner Bart Oude-Vrielink said:
“We’re pleased to have advised Elders Limited on this strategic acquisition. Their proposed acquisition of Delta Agribusiness (which remains subject to ACCC and other conditions), supported by MinterEllison’s comprehensive legal guidance, demonstrates our capacity to manage and deliver complex transactions. Our team’s expertise assisted in navigating the intricacies of this deal and helped Elders Limited reach this important juncture.”
The proposed acquisition marks a significant milestone in Elders’ ongoing efforts to enhance its market position and service offerings across Australia. It will combine Delta’s rural product distribution and advisory services with its own expertise in agronomy, livestock, wool, grain, finance, and real estate,