Jacques Kröner

Jacques Kröner

Advocaat | Partner

Practice Areas

Languages

Dutch
English

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Jacques is an expert when it comes to assisting clients through corporate transactions. He has extensive experience in drafting and negotiating corporate agreements, managing due diligence procedures and auction processes, and providing advice on corporate governance. Jacques’ clients include large companies, investors and government bodies - the last particularly in matters where company law and government bodies (in the capacity of active shareholder) meet. Jacques teaches regularly, including as a guest lecturer on the mergers and acquisitions module of the Erasmus University Rotterdam and at Leiden University.
  • recommendation people shaking hands
    Jacques Kröner is 'constructive' and 'flexible'. 
    Legal 500, Energy: transactional (2018 Edition)

Qualifications & Experience

  • Continued Education (McGill University Montreal, Canada)
  • LL.M. Civil and Business Law (Leiden University)

  • Houthoff represented Ease2pay in its acquisition of the business of MyOrder, a wholly-owned subsidiary of the major Dutch bank Rabobank. The acquisition combines the mobile fueling- and parking solutions of both companies, resulting in a combined network of over 600 fueling stations and 116 cities where customers can pay with one mobile app for their fuel and street parking.

  • 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 (co-counsel to Kirkland&Ellis and Dechert LLP, M&A, VDD) advised Wyndham Worldwide Corp on the sale of its European vacation rental business (Landal part) to private equity firm Platinum Equity for approximately USD1.3 billion. This matter is particularly significant/complex because of the multi cross border VDD exercise which Houthoff coordinated for the Landal part of the transaction with multiple park concepts and the very significant real estate component due to the large number of parks operated by Landal over the various jurisdiction (85 in total). We further advised on the competition aspects of various bidders and coordinate and advise on the Dutch works council advice procedure. The client is a NY stock exchange-listed American hospitality company.

  • Houthoff represented the shareholders of Makelaarsland B.V. and Above Holding B.V. in the sale and transfer of 90% of the shares in these companies to ING.

  • Houthoff advised JBT Corporation (NYSE: JBT), a global technology solutions provider to the food processing and air transportation industries, on its acquisition of Stork Food & Dairy Systems B.V. for a consideration of EUR 47 million. Stork Food & Dairy Systems B.V. is a Netherlands based company focused on developing, producing and supplying integrated aseptic sterilization and filling systems to the beverage and food processing industries. The transaction was finalized on July 31, 2015.
  • Advised the sellers, including Lion Capital and Avedon Capital Partners, on the sale of Van Geloven, a Netherlands-based frozen food producer with leading positions in the Netherlands and Belgium, to TowerBrook Capital Partners and the management of Van Geloven.
  • Houthoff assisted FleetCor Technologies, Inc., a global provider of fuel cards and workforce payment products to businesses, in the acquisition of Travelcard Nederland B.V., a leading universal fuel card issuer in the Netherlands, from LeasePlan Corporation N.V.
  • Houthoff advised Björn Borg on the acquisition of Benelux distributor Baseline. Baseline Group operates the Björn Borg business in Benelux, including wholesaling of mainly underwear and sports apparel as well as retail operations of twelve Björn Borg concept and outlet stores in the Netherlands and Belgium. The acquisition of the Benelux operations is an important step in accelerating the vertical integration of the Björn Borg operations and in line with the strategy to get closer to consumers and retailers. The Benelux region is the largest market for Björn Borg, ahead of Sweden, accounting for 26% of total brand sales in 2015. Björn Borg’s shares are listed on Nasdaq Stockholm.
  • Houthoff is advising the Province of Zeeland, one of the public shareholders of Delta N.V., on the restructuring and split of Delta N.V., including its nuclear, wholesale, retail and grid operating businesses.
  • Ashurst and Houthoff represent Shanks Group Plc, an independent UK waste management company listed at the London Stock Exchange in the signing of the merger terms with Van Gansewinkel Groep B.V., a privately-owned waste collection and recycling business in the Netherlands and Belgium. The combination of Shanks and Van Gansewinkel will create a leading Benelux waste-to-product business. The merger is subject to Shanks and VGG shareholders approvals and anti-trust clearance, with Completion anticipated by the end of December 2016.

Publications