Joint Ventures and Strategic Alliances

"The joint venture has long been a vehicle for companies to gain access to markets, technology and other "know-how" and capital. Many businessmen, quite rightly, pride themselves on their ability to identify opportunities in the market and to find and negotiate a deal with the most appropriate partner. Thus the joint venture is born."

"The commercial side of any joint venture is critical to its creation but the devil can be in the detail as to how the joint venture will actually work in practice. There are a number of potential stumbling blocks that are best addressed at the outset rather than leaving it until a dispute arises."

PKF have been involved in a number of "matchmaking" engagements and, with our longstanding in the local market, are ideally placed to identify and introduce appropriate potential joint venture or strategic partners. We are also familiar with the various issues that can arise in negotiating joint venture and management and shareholder agreements, which can often make or break the deal.