Corporate M&A

Corporate / M&A

Favourable market developments have led to growth in the worldwide merger and acquisition market, both in the number of transactions and in the scope of the deals. At the same time, competition authorities are exercising strict supervision. Working in this environment requires extensive sector knowledge and solution-oriented legal assistance.

Houthoff is one of the most esteemed market leaders within the M&A market. This is confirmed by our top rankings in legal guides like the Legal 500, Chambers Global and Chambers Europe.

Our Corporate/M&A Team assists multinationals, listed companies and other large companies, government bodies and private equity parties. Clients engage our Corporate/M&A Team for pragmatic advice on matters such as national and international mergers and acquisitions, joint ventures and strategic alliances. Our specialists have gained an important position within the food, energy and other sectors. 

  • recommendation people shaking hands
    Houthoff’s ‘reliable, diligent’ practice provides ‘sound, pragmatic advice, fast’.
    Legal 500, Commercial, Corporate and M&A (2018 Edition)
  • recommendation people shaking hands
    Clients admire the "very knowledgeable and motivated team" for being "capable of executing very complex deal structures," in addition to its "good international experience and very good breadth."
    Chambers Europe, Corporate/M&A High-end Capability (2018 Edition)
  • recommendation people shaking hands
    A source claims: "The corporate team knows our company very well and is able to provide commercially smart and practical advice."
    Chambers Europe, Corporate/M&A High-end Capability (2018 Edition)
  • recommendation people shaking hands
    Recommended
    Chambers Global, Corporate/M&A (2017 Edition)
  • recommendation people shaking hands

    "A client describes the practice as 'progressive and very client-centric. They have quality people with sound, sophisticated advice. I found their thoroughness and energy refreshing'."

     

    Chambers Europe, Corporate/M&A: High-end Capability (2017 Edition)
  • recommendation people shaking hands
    "The team is 'truly client-oriented', has 'top professionals with a personal touch' and that it is 'practical, commercial and able to comply with deadlines'."
    Chambers Europe, Corporate/M&A: High-end Capability (2017 Edition)
  • recommendation people shaking hands

    "The diligent, talented team at Houthoff Buruma does excellent work every time."


    Legal 500, Commercial, Corporate and M&A (2017 Edition)
  • recommendation people shaking hands
    Recommended
    Chambers Global, Corporate/M&A (2016 Edition)
  • recommendation people shaking hands
    "The team handled our work well. The lawyers are really hands-on."
    Chambers Europe, Corporate/M&A (2016 Edition)
  • recommendation people shaking hands
    "The 'solution-oriented' team at Houthoff Buruma is praised for its 'practical approach and proactive communication'."
    Legal 500, Commercial, Corporate and M&A (2016 Edition)

Our expertise in Corporate/M&A

M&A transactions in the innovative energy sector often have complex structures. Clients ask our Corporate/M&A Team for assistance, from conducting effective due diligence, negotiating competitive commercial conditions and setting these out in clear share purchase agreements (SPAs) to closing the transaction swiftly with the help of our notarial department. More and more Chinese investors are entering the Dutch agrifood market, who require specialised legal assistance. That is why they like to engage Houthoff as their trusted partner for advice.

Our multi-disciplinary Corporate/M&A Team comprises no less than 89 specialists. We can scale our teams up to any desired size and can work on multiple large transactions at the same time. We combine our expertise in the area of mergers and acquisitions with our knowledge of insurance, financial institutions, IT, energy, agrifood, manufacturing and other sectors. Thanks to our comprehensive sector approach, we are able to offer clients the highest level of service within the most important sectors. Houthoff is also a member of Lex Mundi, the most exclusive global network of law firms, which means that in cross-border transactions we only work with the best lawyers.

  • 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 Plaxinvest B.V. on the sale of their interest in Plaxinvest B.V. to Bentley Systems, Inc. Plaxinvest is the parent company of the Plaxis Group, the leading provider of geotechnical software. This strategic acquisition by Bentley, leading global provider of comprehensive software solutions for advancing infrastructure, serves to make Bentley a complete source for geotechnical professionals.

  • Houthoff represented Odin Groep B.V. in the acquisition of Winvision Holding B.V., an IT service provider with a focus on health care, local government, education and infrastructure companies, from its previous founders.

  • Houthoff represented Mr Perridon and current management of Trust, a consumer electronics manufacturer, on the sale to Egeria. Trust's current board of directors will maintain its active role within the company.

  • Houthoff advised Alychlo NV (“Alychlo”) on its mandatory public offer for the shares in the capital of SnowWorld N.V. (“SnowWorld”).

    On 21 September 2017 Alychlo the investment company of entrepreneur Marc Coucke, acquired an additional interest in SnowWorld, resulting in the obligation to make a mandatory offer for the remaining shares in the capital of SnowWorld. Alychlo launched the mandatory offer for a price of EUR 9.50 per share and published its offer memorandum on 13 March 2018.
  • Houthoff advised Siemens to found a joint venture with Mitsui Rail Capital Europe (MRCE) for the servicing and maintenance of locomotives. The company will be headquartered in Rotterdam, the Netherlands, and be named Locomotive Workshop Rotterdam (LWR). The location of the new workshop in the port of Rotterdam will enable rail operators to optimize their long-term planning of necessary service stops for locomotives on their routes. The port is an ideal location for servicing locomotives arriving from throughout Europe, and will eliminate long service transfer runs. As the biggest seaport in Europe, Rotterdam is a key logistics hub in the European rail network. Each week, there are more than 250 intermodal rail connections in the port. The workshop will handle inspections, preventive and corrective maintenance work, which also can include simple repairs and upgrades. Founding of the company, pending approval of antitrust authorities, is expected to be completed in the first half of calendar year 2018.

  • Houthoff advised Poiesz Supermarkten B.V., a chain of supermarkets in the Northern Netherlands, on the acquisition of Zorggroep Friesland B.V., sole shareholder of  Van Smaak B.V.. Van Smaak B.V. delivers meals to healthcare institutions and individual customers and has the whole relating process (including the purchase of the raw materials, processing and logistics) in house.

  • Houthoff represented Active Capital Company in their acquisition of Lumat International from their previous owners. Lumat is a supplier of High Tenacity Yarn, Polyester, Polyamide, (Nylon), Aramide and Synthetic continuous filament yarn.

  • Houthoff represented the sellers of Kompas International, a provider of trust and corporate services, in their divestment of Kompas International to Praxis IFM, one of the largest independent and owner-managed financial services groups headquartered in the Channel Islands.

  • 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 Sandd in the acquisition of Van Straaten Post from its previous owners. The combined group is able to service the 24-, 48- and 72- hours postal market throughout the work week with national coverage. The acquisition is part of Sandd’s strategy to become a real alternative on the Dutch postal market.

  • 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 advised together with Sullivan & Cromwell LLP, Telia Company in connection with the divestment of its holding in Azertel. Fintur Holdings B.V., jointly owned by Telia Company and Turkcell, has agreed to sell its 51.3% holding in Azertel, sole shareholder of the Azeri telecommunications operator Azercell, to Azintelecom, a company wholly owned by the Republic of Azerbaijan. The agreed price for Fintur’s 51.3 percent in Azertel is EUR 222 million. The transaction is not subject to any conditions, such as regulatory or competition approvals, and has been completed.

  • Houthoff represented Sligro Food Group on the proposed sale of its foodretail business EMTÉ to a consortium formed by foodretailers Jumbo and Coop as well as the proposed separate real estate transaction for 27 store locations involved. It is anticipated that the EMTÉ business will eventually be integrated into the businesses of Jumbo and Coop respectively.
  • 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 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 advised together with Sullivan & Cromwell LLP, Telia Company in connection with the divestment of its holding in Geocell. Fintur Holdings B.V., jointly owned by Telia Company and Turkcell, has agreed to sell 100 percent of its holding in Geocell LLC, to the Georgian telecommunications company JSC Silknet, Georgia’s largest fixed network operator, for a transaction price of USD 153 million. The transaction is subject to regulatory approvals, and is expected to be completed in the second quarter of 2018.
  • Tadano Faun GmbH has acquired its Dutch and Belgian distributors (Waterland Trading B.V. and Waterland Trading B.V.B.A.) from Waterland Trading Vastgoed B.V. Tadano Faun GmbH is part of Tadano Global, listed in Japan. Tadano is amongst others involved in the production and sale of cranes. Tadano has approximately 3000 employees worldwide and a net profit of almost 2 billion US dollar. 

    Tadano was advised by Houthoff in this matter, with the assistance of its Belgian Lex Mundi Partner Liedekerke Wolters Waelbroeck Kirkpatrick.
     

Key Contact

Rotterdam
Advocaat | Partner
+31 10 217 24 30
+31 6 5157 2754
Michiel Pannekoek

Key Contact

Rotterdam
Advocaat | Partner
+31 10 217 24 33
+31 6 5152 8751
Alexander Kaarls

Key Contact

Amsterdam
Advocaat | Partner
+31 20 605 61 10
+31 6 5165 9263
Jacques Kröner

Key Contact

Rotterdam
Advocaat | Partner
+31 10 217 25 44
+31 6 5144 5782
Willem de Nijs Bik

Key Contact

Amsterdam
Advocaat | Partner
+31 20 605 61 66
+31 6 5356 6533
Michiel Wesseling

Key Contact

Rotterdam
Advocaat | Partner
+31 10 217 24 50
+31 6 5115 9204
Philip König

Key Contact

Rotterdam
Notaris | Partner
+31 10 217 25 19
+31 6 5118 7392
Martine Bijkerk

Key Contact

Amsterdam
Notaris | Partner
+31 20 605 65 03
+31 6 2266 0269
Paul de Vries

Key Contact

Rotterdam
Toegevoegd Notaris | Associate Partner
+31 10 217 29 20
+31 6 4155 7508
Bram Caudri

Key Contact

Rotterdam
Advocaat | Partner
+31 10 217 24 75
+31 6 5161 7840