Simpson Thacher Represents KKR in AUD 1.25 Billion Sale of Cleanaway in Australia to Transpacific Industries Group
05.22.07
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On May 16, 2007, KKR closed its sale of Cleanaway, a leading waste management operator in Australia, in a transaction valued at AUD $1.25 billion to Transpacific Industries Group, a leading Australasian provider of integrated waste management solutions. KKR acquired Cleanaway in June 2006 in connection with its acquisition of Cleanaway and the Brambles Industrial Services business from Brambles Australia Limited, which was KKR's first acquisition in Australia.
The global team of STB attorneys who worked on this transaction includes: Patrick Naughton, Jin Hyuk Park and Anthony Choi in Hong Kong, Mark Pflug, Nicholas Shaw and Jed Weiner in London, and Steve Todrys in New York.