Gadens advised Marand Precision Engineering (MPE) on the sale of 100% of its shares to ASDAM Operations, a CHAMP Private Equity-backed entity.

MPE is an Australian manufacturer providing precision-engineered solutions to the aerospace and defence sectors. The transaction positions the business for its next phase of growth under private equity ownership and reflects continued investment in Australia's advanced manufacturing and defence capability.

Gadens advised the vendors on all aspects of the transaction, including structuring, negotiating and executing the sale to a CHAMP Private Equity-backed purchaser. The team brought together corporate, commercial and tax expertise to help navigate the transaction and achieve a seamless outcome for the shareholders.

Lead Partner Jeremy Smith said:

“This transaction marks an important milestone for MPE and its shareholders. The acquisition reflects the strength of Australia's defence manufacturing sector and continued investor interest in high-quality engineering businesses with specialist capabilities.”