Herbert Smith Freehills has advised leading nation-wide auto parts supplier ACM Parts on its acquisition of Justoyota and JustService, a recycled auto parts supplier and service centre based in Victoria.
ACM Parts, a Suncorp Group business, specialises in selling high-quality recycled, certified and OEM parts to Australia’s auto repair industry. The acquisition of Justoyota and JustService represents a further expansion of ACM Parts’ national footprint, increasing its existing presence in Victoria.
The Herbert Smith Freehills team was led by partner Peter Dunne, who was supported by senior associates Jacob Kahwaji and Nicholas Lazarou. The team worked closely with the Suncorp and ACM Parts legal and commercial teams in order to complete the transaction.
Peter Dunne said, “It was a pleasure to once again work with the Suncorp and ACM Parts teams on what is an important transaction for ACM Parts as part of its overall growth strategy.”
Herbert Smith Freehills has previously advised Suncorp and ACM Parts on a number of transactions, including the successful acquisition of Gold Coast 4WD by ACM Parts in December 2014.
Justoyota were advised by Russell Kennedy.
About Herbert Smith Freehills
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