Bram Caudri

Bram Caudri

Advocaat | Partner


+31 10 217 24 75
+31 6 5161 7840




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Bram specialises in mergers and acquisitions (including corporate takeovers, joint ventures, private equity and venture capital investments, and other types of collaborations). His work focuses on M&A transactions with an international dimension. He represents both domestic and foreign private equity and venture capital investors and strategic parties. Bram is a member of the International Bar Association and the International Association of Young Lawyers.

  • recommendation people shaking hands
    "He is always mindful of our ultimate interest," adding: "He really goes the extra mile to become part of our team on a transaction, rather than just be an adviser."
    Chambers Europe, Private Equity (2018 Edition)
  • recommendation people shaking hands
    Recognised Practitioner
    Chambers Europe, Private Equity (2017 Edition)
  • recommendation people shaking hands
    "Bram Caudri is a ‘great negotiator, and creative in his solutions’." 
    Legal 500, Private Equity (2017 Edition)
  • recommendation people shaking hands
    Next generation lawyer
    Legal 500, Private Equity (2017 Edition)
  • recommendation people shaking hands
    Legal 500 (2016 Edition)
  • recommendation people shaking hands
    Recommended as a 'Rising star in the practice area M&A'.
    IFLR1000 (2017 Edition)

Qualifications & Experience

  • Dutch Law (Leiden University)
  • European and International Law (Leiden University / Università di Bologna)
  • Houthoff represented the shareholders of Boal in the sale of a majority stake in Boal Group to Equistone Partners Europe. Headquartered in Naaldwijk, the Netherlands, BOAL Group has 48 years of experience in designing and manufacturing aluminium roofing and sidewall systems for greenhouses and holds a market leading position in the horticultural greenhouse industry. It also supplies the construction, engineering, and transport sectors with aluminium extrusions. The production of its high-performance products is underpinned by its in-house experience, know-how, innovation and aluminium extrusion capabilities across its sites in the Netherlands (‘s-Gravenzande, Maasdijk, De Lier) and the UK(Shepshed). BOAL Group currently employs c.370 people and generated revenues of c.€155m in 2017.

  • Houthoff advises Tofane Global on the acquisition of iBasis from KPN. Tofane Global, a new player in the telecom and digital services market, acquires KPN subsidiary iBasis. This acquisition is the first milestone in the intended strategy of the Paris-based company. By means of acquisitions and digital transitions, Tofane Global aims to become the market leader in worldwide telephone services. After the completion of the acquisition, Tofane Global and iBasis will continue to work with KPN as strategic partners.

  • Houthoff has advised tesa SE on the acquisition of shares in the capital of  Nijkerk-based Polymount International B.V. from its current shareholders. Polymount is active in the business of developing, manufacturing and sale of a producer of self-adhesive ‘twinlock’ sleeves used in printing presses. The new combined infrastructure of Polymount’s Twinlock division and tesa will create opportunities for synergy and growth on a global scale.

  • Houthoff assisted the three shareholders of the food ingredients supplier Acatris with the sale of 100% of the shares in Acatris Beheer B.V. to Caldic Ingredients B.V. This creates the opportunity for Acatris to geographically expand its own ingredient blends via the international Caldic distribution channels.
  • Houthoff has advised Smart Holding B.V. in a transaction whereby Smart Holding agreed on the acquisition of all outstanding shares in the capital of Mascot Europe B.V. from its shareholder MagVat Holdings B.V.

    Both Smart Holding, via its subsidiary Nedac Sorbo B.V., and Mascot Europe are, together with its respective affiliates, active as wholesalers in consumer goods.

  • Thermo Fisher Scientific Inc., the world leader in serving science, acquired Phenom-World, a leader in desktop scanning electron microscopy (SEM) solutions. Thermo Fisher will integrate the business into Thermo Fisher's Analytical Instruments segment. Based in Eindhoven, the Netherlands, Phenom-World delivers desktop SEMs, and imaging and analysis packages, for research and industrial markets. The addition of Phenom World's leading desktop SEM platform strengthens Thermo Fisher's leadership in electron microscopy and expands the company's entry-level and desktop SEMs offerings for customers working in the materials science, industrial manufacturing, life sciences and electronics industries.

  • Headquartered in the Netherlands and with more than 75 years of towbar expertise, the Brink Group works closely with OEMs on various programs and also serves the Aftermarket segment of the towing and trailering industry. The Brink Group produces nearly one million towbars annually, and the Brink Group’s products can be found on approximately 25 million vehicles worldwide. The Brink Group currently operates nine facilities in eight countries around the globe.
    With annual revenue of approximately $150 million, the Brink Group’s addition to the Horizon Global portfolio will support the Company’s industry-leading manufacturing and product innovation capabilities. After the acquisition, Horizon Global will be well positioned to provide a robust and respected product portfolio that will more effectively serve its global customers across the OEM, OES, Aftermarket and Retail channels.

    The parties expect to complete the transaction by the end of the second quarter 2018, subject to the satisfaction of customary closing conditions, including receipt of regulatory approvals.
  • Houthoff represented Argos Soditic in the acquisition of the Future Group, consisting of the following four business groups operating in the public and financial sector: the Talenter group, PLANgroep, Human Capital Group and Future Communication. This matter is particularly significant for Argos Soditic as it signifies Argos Soditic's first presence in the Netherlands.
  • Houthoff advised Dümmen Orange on the acquisition of the Calla business of Golden State Bulb Growers Inc. and G. Geerlings & Zonen B.V. and the Calla breeding Sande companies. Pursuant to this series of acquisitions, Dümmen Orange was able to establish itself as a global leader in Calla breeding.
  • Houthoff advised Dümmen Orange on the acquisition of the business of Grow-Tech LLC, a world wide developer and manufacturer of grow plugs and microgreen growing media.
  • Houthoff advised Dümmen Orange on the acquisition of De Eeuwige Lente B.V. The target company specialises in breeding, propagation through cuttings and rooting. Over the years the company has specialised increasingly in Saintpaulia, with Euphorbia Milii a relatively recent addition to its product range.
  • Houthoff advised Media Markt – Saturn on the establishment of a joint venture with Talpa, Juke Nederland B.V. Juke has launched an online on-demand music streaming service offering unlimited access to songs, playlists and radio content.
  • Houthoff advised Dümmen Orange on the acquisition of the Phalaenopsis young plant business of SOGO Team Co. Ltd. SOGO is a Phalaenopsis young plant supplier located in Taiwan delivering plants to Europe, the Americas, Asia, Oceania and Africa employing around 250 workers.
  • Advised H2 Equity Partners in the acquisition of a number of industry leaders

    In the past 12 months our team advised H2 Equity Partners:
    - on the acquisition of a majority stake in Myler, a market leading, rapidly growing online staffing platform for highly educated, independent (IT) professionals. (June 2015)
    - on the acquisition of Jenrick, a staffing company of independent professionals focused on the IT segment. (June 2015)
    - on the acquisition on the Brink Group B.V., one of the global market leaders in towing systems in all major Western European aftermarkets and internationally to all major car manufacturers, from Nordic Capital. (June 2015)
    - advised Dümmen Orange, a portfolio company of H2 Equity Partners, on the acquisition of Florexpo, a leading specialist in the production of perennials, herbs and annuals. (July 2015)
  • Houthoff advised ABN Amro Participaties on the sale of the Kuiken Groep to the Belgian trade company SMT Group. Kuiken Groep is a Dutch distributor of earthmoving machines and cranes.
  • Advised Parcom Capital, leader in a consortium with Pon Holdings, on the acquisition of Imtech Marine. Imtech Marine is specialised in installation work in the shipbuilding industry. Imtech Marine is part of Royal Imtech, a listed technical solutions company with an annual turnover of EUR 4 billion that went bankrupt in August 2015.
  • Advised OCI N.V. (NYSE Euronext: OCI) on the acquisition of BioMCN, one of Europe’s largest methanol producer and pioneer in bio-methanol production based in the Netherlands, for € 15 million. BioMCN’s glycerin activities are not part of the transaction and will be continued under the name of Dutch Glycerin Refinery B.V.
  • Royal IHC has acquired SAS Offshore, which is based in Alphen aan den Rijn, The Netherlands. SAS Offshore is specialised in designing and manufacturing high quality deck equipment for the offshore oil and gas market. This acquisition enables IHC to further secure its position as a supplier of reliable integrated offshore systems and integrated vessels in this sector.
    Royal IHC furthermore acquired a majority stake in Brastec Technologies, based in Brazil. Brastec Technologies designs and builds value-added, tailor-made production lines for the production of umbilicals and flexible pipes. This transaction fulfils two important elements of IHC business strategy: a foothold in the important Brazilian market; and the acquisition of Dutch-based SAS Offshore, which was fully owned by Brastec Technologies.

    Houthoff advised IHC on this transaction, together with a team from Machado Meyer Sendacz Opice.
  • Advised Symphony Technology Group on the sale of quCare Solutions to NEXUS.
  • Advised Acta Marine on the acquisition of Offshore Wind Services B.V. (OWS) from the Municipality of Rotterdam, including the UK subsidiary OWPMS Ltd. OWS owns ten crew transfer vessels that are operated to transfer technicians and parts to- and from offshore wind turbines.
  • Houthoff advised, together with Davis Polk & Wardwell LLP, TeliaSonera in connection with the divestment of its interest in the Nepalese operator Ncell to Axiata, one of Asia’s largest telecommunication groups, for USD 1,030 million on a cash and debt free basis. At the same time, TeliaSonera will dissolve its economic interests in the 20 percent local ownership and receives approximately USD 48 million. The transactions are conditional on each other and subject to regulatory approval. TeliaSonera, listed in Stockholm and Helsinki, is the dominant telephone company and mobile network operator in Sweden and Finland.
  • Advising H2 Equity partners on the sale of its majority stake in its portfolio company Dümmen Orange to BC Partners. Dümmen Orange is a leading breeder of cut flowers and potted plants with production in Europe, Central America and East Africa. The transaction is a subject to regulatory approvals and it is expected to be closed in the coming months.
  • Houthoff advised H2 Equity Partners on the EUR 91.5 million sale of its portfolio company Isero to merchanting and DIY group Grafton, an Irish company listed on the London Stock Exchange. The acquisition is the group’s largest to date in continental Europe. Isero is a specialist distributor of tools and fixings in the Netherlands, and trades from 38 branches under the Gerritse, Breur Ceintuurbaan and Van der Winkel brands.
  • Houthoff assisted Alcogroup, Vanden Avenne Commodities and Vandema in the purchase of the bio-ethanol factory of Abengoa Bioenergy Netherlands in Rotterdam, which was declared bankrupt earlier this year due to financial problems of the Spanish parent company Abengoa S.A. The transaction is subject to permission being granted by the relevant competition authorities.
  • Houthoff advised JAC Capital, a subsidiary of Chinese state-owned investment company JIC, and Wise Road Capital, as lead counsel on the USD 2.75 billion acquisition of the Standard Products business from NXP Semiconductors, one of the semiconductor market leaders worldwide. The transaction is waiting for approval from amongst others of the European Commission, Federal Trade Commission (US), CFIUS and the Chinese Ministry of Trade.
  • Houthoff assisted the sellers (among whom, H2 Equity Partners and ABN AMRO Participaties) in the sale of Evenementenhal to Artexis Easyfairs.
  • Houthoff advised JAC Capital, a subsidiary of JIC Capital - a Chinese state-owned investment company, as a lead counsel on the USD 1.8 billion acquisition of the RF Power Business (radio frequency power amplifiers), from NXP Semiconductors, a Dutch semiconductor manufacturer and one of the semiconductor sales leaders worldwide. The transaction is waiting for their approval of The European Commission, The Federal Trade Commission (US) and Chinese Ministry of Trade.
  • Houthoff advised H2 Equity Partners on its investment in TB&C Investments B.V. and TB&C Holding GmbH (TB&C). TB&C is a global supplier of hybrid components for automotive sunroofs.
  • Houthoff advised Hitachi Capital Corporation on the acquisition of all the shares in the capital of Noordlease Holding B.V., a Groningen-based company that provides high quality auto lease solutions for both private and business clients. The total fleet of Noordlease consists of more than 10,000 cars. The transaction is part of Hitachi's strategy to expand its vehicle solution business in continental Europe.
  • Houthoff advised Dümmen Orange on its acquisition of Max Roots and Quick Plug. Quick Plug is a global supplier of various concepts for growers and propagators within the horticulture sector.
  • Houthoff is serving as local counsel to Tencent Holdings Ltd which, together with Navinfo and Rocco Ventures, plans to buy a 10% stake in Netherlands-based HERE International B.V. The target company offers the HERE Open Location Platform and is a leading provider of global online mapping and navigation services. Houthoff is working in tandem with Morrison Foerster on this case.
  • Houthoff advised investment firm H2 Equity Partners on the acquisition of an interest in fixed base flight simulator producer Multi Pilot Simulations B.V. The company has its head office in the Netherlands with a production location in Germany. H2 will support the existing MPS management team in its growth plans.
  • Houthoff advised Dümmen Orange on the acquisition of Olij Roses International and Olij Breeding. This integration will enable Dümmen Orange to expand its assortment within the roses product group, giving it access to a wider sales network. Olij’s activities in the field of breeding, propagation and production of plant material in South America, Africa and the Netherlands offer opportunities to achieve maximum customer value and bring more innovations into the market for growers.
  • Houthoff advised Dümmen Orange on the acquisition of Hobaho from FloraHolland. Hobaho specializes in auction, brokerage and breeding of flower bulbs. The addition of Hobaho broadens the offering of products within the Dümmen Orange assortment via existing sales channels.
  • Houthoff advised investment firm H2 Equity Partners on the acquisition of an interest in shrimp processing market leader Klaas Puul. The firm has its head office in the Netherlands and has production locations in the Netherlands, Belgium, Germany, Denmark and Morocco. Together with the founders, the Mooijer family, and the management, H2 Equity Partners aims at realising Klaas Puul's improvement and growth potential.
  • Harbour BioMed, a newly established cancer therapies company based in Shanghai, today announced it has bought Harbour Antibodies BV for cash and an equity stake in Harbour Biomed in order to form a new oncology biotech.

    The acquisition was financed by Harbour BioMed investors, Advantech Capital and Legend Capital, two leading China-focused investors with a particular emphasis on life sciences.

    Harbour BioMed was established in 2016 with an initial financing of USD 50m from Advantech Capital, Legend Capital and the Harbour BioMed founding team. The company is headquartered with R&D operations in Shanghai, business operations in Cambridge, MA, and antibody platform innovation operations in Rotterdam, The Netherlands. The company plans to expand its presence in the Boston area by establishing a drug discovery innovation center.

    Houthoff assisted Erasmus MC Holding B.V., Atlas Holding Fund IX Coöperatief U.A. and the other shareholders of Harbour Antibodies B.V.
  • Houthoff, together with Alston & Bird, advised Dümmen Orange on the acquisition of McHutchison and Vaughan’s Horticulture, a US-based wholesale plant brokerage firms, to fulfil its strategic ambition for enhanced distribution and customer reach. 
  • Houthoff as local counsel, jointly with Morrison Foerster, advised H2 Equity Partners on the sale of Halex Holding GmbH and its subsidiaries to Bencis Capital Partners.

    Houthoff's team was led by Bram Caudri and included among others Daphne van Boxtel, Merel Zwankhuizen, Sjoerd van der Meer.