Rachel specialises in public and private mergers and acquisitions, as well as capital market transactions. She also advises on corporate governance matters and securities law compliance. Rachel was called to the Dutch Bar in 2017, and since 2011 she has been an inactive member of the California Bar.
QUALIFICATIONS & EXPERIENCE
- LL.M. European and International Business Law (Leiden University)
- LL.B. Dutch Law (Vrije Universiteit Amsterdam)
- Juris Doctor (University of California, Hastings College of the Law)
Houthoff advised PPLA Participations Ltd. ("PPLA") on the listing of European units on Euronext Amsterdam and the delisting of securities. Each unit represents one class A voting common share and two class B non-voting common shares of PPLA. The underlying shares are not separately tradable on Euronext Amsterdam. The listing and delisting were both effective on 29 December 2017. All units listed on Euronext Amsterdam are wholly interchangeable with the Brazilian units of PPLA listed and traded in Brazil on B3.
PPLA, a Bermuda company, is the general partner of PPLA Investments, a vehicle with the single purpose of conducting proprietary investments across multiple asset classes, mostly in Brazil, as well as financial investments in the global markets. Virtually all of these investments are managed by the asset management unit of Banco BTG Pactual.
Houthoff represented Konecranes in the Dutch portion of the USD 1.126 billion acquisition of Material Handling & Port Solutions business of Terex Corporation.
Konecranes is a world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals.
Houthoff represented Colfax in the USD 860 million sale of the Dutch portion of its fluid handling business to CIRCOR International, Inc.
The client is a leading diversified industrial technology company that provides gas- and fluid-handling and fabrication technology products and services to customers around the world under the brands, Howden, Colfax Fluid Handling and ESAB.
Houthoff advised Apax Partners and Boasso Global III B.V., a wholly-owned subsidiary of Quality Distribution, Inc., in its acquisition of Den Hartogh’s European depot and tank cleaning services business.
Houthoff, jointly with Skadden, represented TMF and the sellers in relation to both the proposed IPO on the London Stock Exchange and the eventual sale of the entire issued share capital of TMF Group to funds advised by CVC Capital Partners. The enterprise value of the transaction is EUR 1.75 billion, and the transaction is scheduled to close during the first half of 2018 subject to receipt of customary regulatory and competition approvals. Given the sale to CVC Capital Partners, the IPO will no longer proceed.