Industry Sectors

We have consistently been involved in providing transactional services to a number of Thai and international clients engaging in a broad range of industrials and manufacturing related businesses, including those concerning building materials, chemicals, industrial, packaging, paper and printing materials, petrochemicals, machinery, and steel.

During the course of our involvements especially our due diligence and contract negotiations, our team has regularly contacted a number of regulatory authorities such as BOI, IEAT, local governments and land offices, and etc. and have had numerous opportunities to review, and advise on regulatory and commercial issues concerning, a number of key commercial contracts, including business cooperation, joint venture, financing, security agreements, EPC contracts, construction contracts, distribution agreements, manufacturing agreements, and etc. which enable our team to have a better understanding of the relevant industry as well as their respective licensing requirements and other key regulatory compliance related issues.

Notable transactions include:

• Advised Snow Peak Capital on its indirect acquisition of interest in TurbineAero Repair, a Thai subsidiary of TurbineAero, as part of its global acquisition of TurbineAero, the world’s leading independent provider of maintenance, repair and overhaul (MRO) services focused on aircraft auxiliary power units (APUs) and other aeroengine components


• Advised Snow Peak Capital (in conjunction with a leading international law firm as lead counsel) on a USD 40 million term loan financing for its acquisition of TurbineAero, a global leader in maintenance, repair and overhaul (MRO) services focused on aircraft auxiliary power units (APUs) solutions for the aerospace industry, including advising on guarantee and security package related to the transaction


• Advised Icap-Sira Group on the acquisition in UAC Advance Polymer & Chemicals, previously a wholly owned subsidiary of UAC, engaging in the chemicals and latex polymers production


• Advised a group of Thailand’s prominent investors led by Mr. Surachai Chetchotsak in the acquisition in Gratitude Infinite (GIFT), a leading supplier and distributor of chemical products, from Union Petrochemical


• Advised Thai Feed Mills in connection with the investment by Morgan Stanley Group in its subsidiary


• Advised PolyOne Corporation, a leading global provider of specialized polymer materials, services and solutions, on its acquisition of the entire global colour and additive masterbatch business of Clariant


• Advised Golden Lime on its acquisition from the Ministry of Finance and CPB Equity of Thai Marble Corporation through a bidding process


• Advised on the strategic alliance between Tri-En Solution and Toenec Corporation


• Advised on the acquisition and financing of Ansell, one of Thailand’s leading sexual wellness businesses, by CITIC Capital and Humanwell Healthcare


• Advised Golden Lime, a leading manufacturer and distributor of lime and calcium carbonate, on its acquisition of Saraburi Quick Lime


• Advised Sunningdale Tech in its acquisition of Adval Tech (Thailand) which engages in the manufacturing of plastic components relating to automotive parts


• Advised on the divestiture by Korphaibool Family to Hitachi Chemical Group of equitable interest in Hitachi Chemical Storage Battery, a leading manufacturer and distributor of automotive and motorcycle batteries under the “3K” brand


• Advised CE Lime, a joint venture company between Carmeuse – the world’s leading producer of lime and lime-related products with more than 150 years of experience – and GP Group, on the acquisition in Golden Lime, followed by a tender offer


• Advised IRPC on the acquisition in UBE Chemicals (Asia), a leading petrochemical company engaging in caprolactam and nylon 6 related businesses


• Advised Brambles Industries, an operator of Recall brand, on its global demerger in relation to its information management business


• Advised on the disposition by Thailand Equity Fund (co-invested by Lombard) in S. Pack & Print Public to Oji Paper


• Advised on the disposal of a significant interest in Prepack Packaging to SCG Group


• Advised on the formation of a joint venture between A. Schulman and SCG Chemicals


• Advised the Vanachai Group on its acquisition of Thai Plywood’s Saraburi plant, a state-owned enterprise regulated by the Ministry of Natural Resources and Environment


• Advised on the mergers between BlueScope Steel and Nippon Steel regarding BlueScope Steel’s operation in Thailand and a business spin-off


• Advised BlueScope Steel on the disposal of its shares in BlueScope Steel Thailand