HWL Ebsworth has acted for US based National Flooring Equipment in its acquisition of South Australian based Syntec Diamond Tools bringing together international investment, and strong local and United States expertise. This deal underscores the increasing global interest in South Australia’s business landscape and the exciting opportunities ahead.
The transaction involved early engagement with the National Flooring Equipment team in January 2024 and culminated in a successful closing of the transaction in February 2025. Our comprehensive support spanned all aspects of the transaction including due diligence, Australian acquisition documentation, collaboration with National Flooring Equipment’s US attorneys, as well the property, workplace and IP aspects.
The HWL Ebsworth team was led by Nick Karagiannis (Partner) with assistance from Kate McKeough (Partner), Shaun Scott (Senior Associate) and Braydon Cordingly (Solicitor) in our Corporate and Commercial team with support from Luke Dale (Partner), Damien Foulis (Partner), Jessica Nicolls (Partner), Max Ory (Associate), Alexia Daminato (Solicitor) and Maggie Feuerherdt (Solicitor) on the property, workplace and IP aspects.
Commenting on the deal, Nick Karagiannis said “We are pleased to have been able to advise National Flooring Equipment to support its growth strategy with this strategic acquisition in South Australia’s advanced manufacturing industry”.
Note to Editors:
HWL Ebsworth is the largest legal partnership in Australia according to the most recent partnership surveys published by the Australian Financial Review.
The firm comprises 1,656 staff including 275 Partners, 996 other legal staff and 385 support staff across offices in nine locations – Adelaide, Brisbane, Canberra, Darwin, Melbourne, Hobart, Norwest (North West Sydney), Perth and Sydney.
HWL Ebsworth is an independent, nationally integrated, full service commercial law firm, providing tailored and commercially oriented legal services.
HWL Ebsworth operates a different business model to the other leading national law practices, and this allows us to offer unrivalled value for money without compromising quality and service. Our low ratio of solicitors to partners ensures that our clients receive optimal access to partner resources for all matters.
For further information, please contact:
Russell Mailler, Chief Executive Partner on (03) 8644 3569 or at rmailler@hwle.com.au
or Angelique Kear, Head of Marketing on (02) 9334 8541 or akear@hwle.com.au