AJ Park, member firm of the ASX-listed IPH group, announced that it has reached an agreement to acquire Baldwins, another New Zealand IP boutique. The deal is expected to be finalized by the 3rd quarter of 2020 and still subject to approval by the New Zealand Commerce Commission. Under the agreement, Baldwins will be incorporated into AJ Park’s business and operate as one firm under AJ Park’s name.
AJ Park Managing Director, Dr Andrea Dickens, commented on the acquisition, “Baldwins is a quality IP business with a highly qualified and experienced specialist IP team. We are delighted to have the opportunity to bring together the strengths of two New Zealand IP businesses as one combined firm under AJ Park. AJ Park's clients will have access to a deeper pool of IP expertise and Baldwins’ clients will benefit from access to AJ Park’s larger IP team and direct access to the Asian market through the IPH group Asia business.”