Thursday 3 September 2020
New Zealand Commerce Commission grants clearance for AJ Park’s proposed acquisition of Baldwins
AJ Park is pleased to announce that it has been granted clearance by the New Zealand Commerce Commission to acquire the business of New Zealand IP firm, Baldwins. On completion of the transaction, Baldwins will join AJ Park and operate as one firm under the AJ Park brand.
AJ Park Managing Director, Dr Andrea Dickens, said the clearance from the Commerce Commission was a fantastic outcome for both businesses, their people and clients.
We are delighted to be bringing together two complementary New Zealand IP businesses to strengthen our offering to clients through an expanded team of IP experts. This is also a great outcome for the people of AJ Park and Baldwins. As a combined firm, we can offer enhanced career opportunities here in New Zealand as part of AJ Park and internationally through the IPH group network.
Baldwins’ Chairman, Wes Jones, echoed Dr Dickens’ comments saying: “AJ Park is a good strategic fit for our business, and the combination allows us to position our business for the future as a combined firm. We are delighted that we can bolster our offering to clients while enhancing career prospects for our people.”
The transaction is expected to complete in mid-October and an integration team has been established to ensure a seamless transition for employees and clients.
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