News and Views
| February 2021
Ground-breaking sale of global carbon credits to Microsoft
Alistair Jaque and Sarah-Jane Sale at Deutsch Miller recently advised the Macdoch Group on a ground-breaking sale of global carbon credits to Microsoft in the US. As part of its agricultural business, Macdoch Group runs Angus cattle at various properties in New South Wales. Over the last few years time-controlled rotational grazing has led to greater soil carbon concentration on those properties. The carbon credits generated by the sequestered carbon in the soil are a commodity which can be sold internationally to assist companies to meet their carbon reduction goals, while also generating revenue for Australian livestock operators and land owners.
Further details of the transaction are in this article: here
EY Business Solutions acquires Bridge Business Consulting
Alistair Jaque (Partner), Simon Correggia (Special Counsel) and Sally Yang (Associate) advised the shareholders of Bridge Business Consulting on the sale of the company to EY Business Solutions. The acquisition of Bridge Business Consulting will enable EY Business Solutions to build out and strengthen their data and analytics capability.
ASSA ABLOY acquires D&D Technologies in Australia
Paul Miller (Partner), Simon Correggia (Special Counsel), Antony Bull (Senior Associate) and Steven An (Associate) acted for the shareholders of D&D Technologies, a leading designer and manufacturer of premium gate hardware, based in Australia on its acquisition by ASSA ABLOY Opening Solutions, a leader in entrance automation, control and access solutions. D&D Technologies is Internationally renowned for their ground-breaking MagnaLatch® magnetic child safety gate latch for swimming pool and other child safety gates.