Australian firm Slater & Gordon acquires personal injury law firm
Slater & Gordon has completed its $35 million acquisition of personal injuries litigant firm Keddies Lawyers.
Slater & Gordon managing director Andrew Grech said: "We've said from when we listed that leading the consolidation of the Australian personal injuries market was a prime aim for us, with Queensland and New South Wales the main targets.” He added: "Our recent acquisition of Trilby Misso has gone a long way towards our market share goals in Queensland and now the Keddies acquisition will give us a huge lift in New South Wales, in particular in greater western Sydney."
The acquisition was to be completed through $3.7 million in shares, the take-up of Keddies' $11 million in debt, plus cash.
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