DLA Piper acted for Wenco International Mining Systems‎ in its acquisition of SmartCap

On May 5, 2021 Wenco International Mining Systems Ltd. (“Wenco”) announced its purchase of all assets and intellectual property of SmartCap Technologies Pty Ltd (“SmartCap”), engineers of the world’s leading fatigue monitoring wearable. DLA Piper acted for Wenco in this transaction, with deal teams from Canada and Australia.

Based in Brisbane, Australia, SmartCap assesses real-time fatigue levels and monitors for oncoming microsleeps that create safety hazards. The SmartCap device has over 5,000 users globally in mining, trucking, and other industries. This acquisition adds a strategic, fatigue monitoring capability to Wenco’s safety solution portfolio.

Wenco, and it’s parent company Hitachi Construction Machinery (“HCM”) (TSE: 6305), have invested heavily in solutions to streamline and optimize the end-to-end mining enterprise. Headquartered in Tokyo, Japan, HCM is a global Construction Machinery company with approximately 24,000 employees worldwide.

You can find out more about this transaction here.

The DLA Piper Canada transaction team was led by Ryan Black and Antony Cortese and included Richard Mar (IP), Richard Press (Employment Matters), Adam Lee (M&A/Corporate). The DLA Piper Australia team included Grant Koch (M&A/Corporate), Alex Regan (M&A/Corporate), Stefanie Fraser (M&A/Corporate), Julia Krapeshlis (M&A/Corporate) and Leanne Nickels (Employment).