![](https://cameronpartners.co.nz/wp-content/uploads/2024/08/orbitremit-1-scaled.jpg)
Acquisition of Vector's
gas distribution business
![](https://cameronpartners.co.nz/wp-content/uploads/2022/05/First-State-investments.jpg)
- Cameron Partners and our alliance partner Rothschild & Co acted as joint financial advisors to First State Investments on the acquisition of Vector Limited’s gas transmission and non-Auckland gas distribution business
- First State Investments entered into an agreement to acquire the business in November 2015, for NZ $952.2m. The acquisition was completed in early 2016 and was the largest M&A transaction in New Zealand that year
- First State is one of the largest infrastructure investment managers globally and is wholly owned by Australia’s Commonwealth Bank Group
- This transaction was a M&A Transaction of the Year finalist at the INFINZ industry awards held in 2017