Tuesday, 5 June 2018
We are delighted to have advised YourGrocer on its acquisition of the Aussie Farmers Direct brand names, trade marks and customer database from administrators, KordaMentha.
The CD+Co team included Director, John Coghlan, Senior Associates, Zain Kazi and Fiona Rose and Lawyers, Laura Morgan and Patrick McGlynn.
KordaMentha were represented by Ashurst, while one of the secured lenders was represented by Jones Day in the transaction.
YourGrocer is a Melbourne based online grocer that has formed partnerships with over 65 independent food retailers and allows shoppers to purchase groceries through its online platform. Aussie Farmers Direct, an independent grocery delivery business, went into voluntary administration in March 2018.
YourGrocer now intends to use the database of approximately 700,000 customers to continue to provide similar services to those provided by Aussie Farmers Direct and expand its services to Sydney.
For further information, contact:
Coghlan Duffy + Co is a boutique corporate and commercial law firm based in Melbourne. The firm is proud to work with an enviable list of clients, including prominent Australian start-ups and ASX-listed companies.