IPH Acquires AJ Park for NZ$66.1m

Publicly-listed Intellectual Property firm IPH Limited (IPH) has announced an agreement to acquire AJ Park’s patent attorney business, the benefit of its trade mark and legal businesses, and its associated Australian operations. From official announcement: Established in 1891, AJ Park is the premier New Zealand IP firm employing 205 people and operating from offices in Auckland, Wellington and Sydney. AJ Park is a full service IP firm with a substantial local client base servicing clients ranging from large multinational corporations and universities to start-up companies and entrepreneurs. AJ Park will become the first New Zealand IP firm to join a publicly […]

A Blue Chip Result for ASX-Listed IPH Limited

by Peter Frankl. Australia’s first publicly listed Intellectual Property practice has reported its 2016/17 full year financial results.  The financial results are blue chip not so much because of the increase in revenue, which was impressive, but because of the continued level of profitability. Revenue increased substantially by 18% however a major acquisition did not play a role in the previous year’s revenue. In October 2016, IPH announced the acquisition of Ella Cheong (Hong Kong) Limited and its subsidiary Ella Cheong Intellectual Property Agency (Beijing) Company Limited for the equivalent of A$27 million.  For the financial year 2016/17, IPH achieved $186 million revenue and EBITDA of […]