January 31, 2011

Faegre & Benson Advises Elta Group

International law firm Faegre & Benson LLP has advised shareholders of Elta Group Limited, an international fan and ventilation product provider, on its acquisition of air filtration and purification company Airepure Australia Pty Limited (Airepure Australia).

The Elta Group of companies provides quality fans and related ventilation equipment to customers across the world. With Group companies on three continents, together with a network of distributors, they aim to provide globally competitive products with local service.

Airepure Australia is dedicated to providing effective, innovative and affordable filtration solutions throughout Australia. The company provides unique, powerful, integrated solutions for customers and is one of the leading air filtration companies in Australia.  

Faegre & Benson collaborated on this deal with Birmingham and Melbourne-based teams from global accountancy organisation, BDO Stoy Hayward.

The Faegre & Benson team advising on this transaction was led by Gary Laitner, with assistance from Nicholas Jennings and Kamalprit Lally.  PricewaterhouseCoopers advised Airepure Australia.

Commenting on the deal, Gary Laitner said:

 "We are very pleased to have helped Elta Group to successfully complete this latest acquisition and wish them the best with this new venture. We enjoyed working closely with BDO Stoy Hayward to ensure the transaction was completed on time and we look forward to working with Elta Group again in the future."

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