Daryl Lim

Daryl specialises in corporate and commercial transactions, with a particular emphasis on mergers and acquisitions, private equity and emerging growth and venture capital. He also has extensive experience working within client businesses gained from secondments that include Toyota Tsusho Corporation in Tokyo and BP in Melbourne. He has worked in international law firms in Australia, Japan and Singapore.

Daryl has represented Australian and international clients operating in various industry sectors, including clients in health care and life sciences, manufacturing and distribution, energy, infrastructure, resources and technology.

Daryl’s cross border transactional experience is an asset for international companies that view Australia as an emerging and lucrative marketplace for their products and services and for Australian companies that are looking to expand their products and services into other markets.


Daryl’s experience includes advising:

  • VicReturn (a not-for-profit entity with members comprising Lion, Coca-Cola Europacific Partners and Asahi Beverages) on its appointment as Scheme Co-ordinator for the Victorian CDS Scheme announced by the Victorian Government;
  • RRC Nominees Pty Ltd on the $500 million sale of its Caterpillar dealership to Sime Darby Industrial Machinery Australasia Pty Ltd, a subsidiary of Sime Darby Berhad;
  • Luff family on sale contract to sell Border Express to FMH Group (majority owned by Singapore Post);
  • TasFoods Limited on sale contract with Bega Cheese Limited for the sale of Betta Milk and Meander Valley Dairy;
  • Dulux Group on its bolt-on acquisition of the Inspirations Group (more than 100 sites);
  • Viva Energy on its purchase of aviation fuels and service provider, Skyfuel Australia Pty Ltd;
  • Coles Supermarkets on the transfer of white label credit card products from Citi to NAB in connection with NAB’s acquisition of Citi’s consumer business in Australia;
  • Slade Pharmacy on their proposed acquisition of hospital pharmacy interests operating under the Epic Pharmacy brand;
  • The founders of PC Case Gear in connection with the sale of interests to Gilde Buyout Partners and investment rollover;
  • Microsoft in relation to Flipkart’s $1.4 billion capital raise from eBay, Microsoft and Tencent;
  • Kacific Broadband, a satellite operator on its fund raising with a mix of equity, debt and customer prepayments to cover the purchase of the satellite, launch service, ground systems and all other project costs;
  • Fertility Associates on its majority investment into a fertility treatment provider in Malaysia;
  • Various venture capital/private equity funds including Golden Gate Ventures, Vicker Ventures, Sequoia Capital India and Telstra Ventures on their Series A and B portfolio investments in South East Asia;
  • Quadria Capital on its growth capital investment into an Indonesian pharmaceutical company;
  • AGL on the sale of its wind farm in South Australia to Eurus Energy;
  • Hydro Tasmania on its sell down and refinancing of Australia’s largest wind farms, located in northwest Tasmania;
  • Jeff and Janine Allis in the sale of a majority stake in the company to a U.S. based private equity firm, Riverside; and
  • Toyota Tsusho on its acquisition of a distributor of an automotive parts business owned by a Singaporean private equity firm.

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