International leading law firm Herbert Smith Freehills has advised Incitec Pivot Limited, global manufacturer and marketer of commercial explosives and fertilisers based in Australia and listed on the Australian Securities Exchange, on entering into an agreement to acquire 100% of the shares in Explinvest, the holding company of Titanobel group, a leading industrial explosives manufacturer and drilling, blasting and technical services provider based in France.
The contemplated acquisition is submitted to the consultation of works councils of the Titanobel group in France, and the completion of the transaction remains subject to Incitec Pivot Limited receiving foreign direct investment regulatory approval from the French Ministry of Economy and Finance.
Herbert Smith Freehills has advised Incitec Pivot Limited with a team composed in Paris of partner Christopher Theris, of counsel Laurence Vincent, associates Ornella Youkharibache and Alexia Pharès on corporate aspects; partner Emma Röhsler and associate Félix Guinebretière regarding employment law aspects; partner Anne Petitjean and associates Maël Le Cardinal and Agnès Druot on real estate matters; partner Alexandra Neri and associate Antoine Sullice on IP/IT and data protection aspects; partner Régis Oréal, associates Pierre Mathé and Charlotte Cunat on financing aspects; and partner Sergio Sorinas and associate Agathe Esch on competition aspects; and in Johannesburg by partners Rudolph du Plessis and Huneiza Goolam, and senior associate Monde Coto, on corporate aspects.