Sydney, Australia—Dentons has advised the Keir Family on the sale of iconic Australian brand, Akubra, to Tattarang, the private investment arm of mining magnates Andrew and Nicola Forrest, who also own RM Williams.
The deal was led by Corporate Partner Jill Milburn, who has acted for the Keir Family for a number of years and has a close professional relationship with the board members of Akubra.
The Keir Family have owned Akubra since 1918, when ownership transferred from founder Benjamin Dunkerley to his son-in-law, Stephen Keir.
As part of the nationally significant divestment, the importance of continuing to manufacture Akubra in Australia was highlighted.
Speaking on the matter, Ms. Milburn said, “I am honoured to have played a part in this matter, which is very close to many Australian’s hearts. This was an emotional deal for the Keir family, and we are very happy with the outcome.”
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