Clifford Chance advises TPG Asia Pacific and its portfolio company Hasfarm Holdings Limited on the proposed acquisition of Lynch Group Holdings by scheme of arrangement

Global law firm Clifford Chance has advised TPG Asia Pacific and its portfolio company Hasfarm Holdings Limited on the proposed acquisition by scheme of arrangement of Lynch Group Holdings Ltd (ASX: LGL), a producer and wholesaler of cut flowers and potted plants with operations in Australia and China.

The acquisition would enable Hasfarm – which produces cut flowers and pot plants in Vietnam, China and Indonesia – to further expand across the Asia Pacific region with a diversified, vertically integrated floriculture platform

Lead partner David Clee said, "We're delighted to have advised TPG Asia Pacific and its portfolio company Hasfarm Holdings Limited on this proposal which will provide immediate benefits to Australian retailers and consumers.

"This transaction demonstrates the strength of our multijurisdictional and cross-practice teams in delivering seamless support to clients across borders."

Partners David Clee and Andrew Crook led on the deal and were supported by counsel Nicole Backhouse, senior associates Melanie Ray, Anthony Yelavich and Liam Higgins, and associates Jacinta Wild, Will Lucas, Kate Procter and Julia Hegarty.

This transaction continues Clifford Chance's long-standing work for TPG and its portfolio companies, including advising TPG on its acquisition of a majority stake in technology-enabled homecare business Five Good Friends.