Mergers & Acquisitions

+ 80 other experts

Involved in most of the leading M&A deals in the Netherlands

We provide services to a range of corporate clients and financial institutions on a broad spectrum of corporate and commercial matters. In addition to its mainstream mergers and acquisitions capability, our expertise encompasses private equity, corporate structures and reorganisations as well as corporate litigation.

We advise on public and private and public-to-private takeovers, private equity, acquisition finance, and acquisitions and divestments of major Dutch and international corporates and financial institutions active in the Netherlands.

Our legal advice focuses on achieving practical solutions when drafting and negotiating various forms of takeover and joint venture contracts, and undertaking merger control filings while coordinating global in-house and local counsel.

We continue to manage multi-jurisdictional acquisitions and divestments and we maintain strong working relationships with the leading firms in the United States, Asia and Europe.


Recent Matters

16 January 2023

Rivean Capital to acquire CED Group from BlackFin Capital Partners

De Brauw is advising Rivean Capital on its planned acquisition of the CED Group. The CED Group is a Dutch headquartered company and offers its clients a full range of claims management services, ranging from risk taxation and inspection to emergency assistance, together with (injury) claim loss adjustment and handling, repair in kind and recourse. CED is active in the Property, Mobility and Vitality domains and has a strong cross-border claims organisation. Besides the Netherlands, the CED Group is active in France, Belgium and Spain and has offices in 8 other countries for cross-border claims activities.
3 January 2023

Scheybeeck sells a majority stake in BUKO Infrasupport and BUKO Waakt to Equistone

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22 December 2022

De Brauw advises Royal Schiphol Group on the unwinding of its cross-shareholding with Aéroports de Paris

De Brauw has advised Royal Schiphol Group N.V. ("RSG") on the unwinding of its cross-shareholding with Aéroports de Paris S.A. ("ADP"). The unwinding of the 8% cross-shareholdings marks the end of the industrial cooperation between RSG and ADP and was completed in a series of transactions, including multiple block trades, an accelerated bookbuild and a repurchase of shares. RSG has sold its stake in ADP through two block trades with large institutional investors, Crédit Agricole Assurance and Canada Pension Plan Investment Board (CPPIB), which took place in November 2022. RSG subsequently sold its remaining shareholding (approx. 3.9%) in ADP through an accelerated bookbuilding process, which took place on 5 December. To complete the unwinding of the cross-shareholding, RSG repurchased the RSG shares held by ADP.

'Extremely smart and commercially-minded lawyers who understand how to get cross-border deals done'.... another client commends the firm as the 'best overall law firm in the Netherlands', particularly praising the team's 'strong combination of flawless legal execution with a strong commercial and business mindset'.

Chambers Europe2021

Insights

21 December 2022

2022 Dutch Corporate Governance Code published

On 20 December 2022, the Monitoring Committee presented an update of the Dutch Corporate Governance Code. The 2022 Code:
20 December 2022

Proposal for cross-border conversion, demerger and merger submitted to Dutch parliament

The government's new bill implements the Mobility Directive in the Netherlands. This directive harmonises the legal framework for cross-border conversions, mergers and demergers (cross-border operations) of EU companies and aims to promote freedom of establishment within the EU while also strengthening the position of shareholders, creditors and employees.
25 July 2022

EU foreign subsidy control regime on the horizon: co-legislatures reach agreement

The European Parliament and Council of the EU have agreed on a draft text for the upcoming Foreign Subsidies Regulation (FSR). The FSR is intended to fix a regulatory asymmetry: state aid granted by EU member states is subject to strict checks, but there is no equivalent scrutiny of financial contributions by third countries to companies active in the EU. The FSR will make M&A deals or public procurement bids fuelled by foreign financial contributions notifiable to the European Commission if they meet certain thresholds. Notified M&A deals will remain suspended, and procurement contracts cannot be awarded, until there is a clearance decision from the Commission. Even when the notification thresholds are not met, the Commission might "call in" M&A deals before their implementation or bids before the award of the public contract. Under a general market investigation power, the Commission may also review implemented concentrations or awarded public contracts. In practice, this means dealmakers will have to navigate a variety of regimes and jurisdictions as an M&A deal could be subject to national or EU merger control, national security/foreign direct investment (FDI) control, and now also, EU foreign subsidy control.