Mergers & Acquisitions

Arne Grimme
Klaas de Vries
Michael Schouten
+ 91 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

9 April 2021

Ørsted brings in Norges Bank Investment Management as a partner in Borssele 1 & 2

De Brauw's multi-disciplinary energy group, together with Slaughter and May, assisted Danish developer Ørsted in the sale of 50% of its ownership share of the 752 MW Borssele 1 & 2 offshore wind farm to Norges Bank Investment Management (NBIM). De Brauw's team provided Ørsted with extensive support on a wide range of topics. Signing took place on 7 April 2021, closing is expected around summer 2021. The total value of the transaction is approx. EUR 1,375 billion.
12 June 2020

Just Eat Takeaway.com to combine with Grubhub

De Brauw Blackstone Westbroek, working as a combined team with Cravath, Swaine & Moore LLP and Slaughter and May, is advising Just Eat Takeaway.com on its announced USD 7.3 billion all-stock acquisition of Grubhub Inc., which would create the world’s largest online food delivery company outside of China. The combined group will be built around four of the world’s largest profit pools in online food delivery: the US, the UK, the Netherlands and Germany, increasing the Combined Group’s ability to deploy capital and resources to strengthen its competitive positions in all its markets. Just Eat Takeaway.com is listed on Euronext Amsterdam and the Main Market of the London Stock Exchange and will introduce an ADR listing in the US. As adviser to Just Eat Takeaway.com, the intricacies of this transaction required a multi-expertise approach whereby experts from various practices including M&A, corporate advisory, capital markets, competition law, employment and employment benefits, tax and financial regulatory were involved. Team effort by: Klaas de Vries, Reinier Kleipool, Tijmen Klein Bronsvoort, Gert Slatman, Max Lamb, Gaby Smeenk, Jan Willem Hoevers, Vivian Lee, Josse Klijnsma, Helen Gornall, Evija Butane, Barbara Kloppert, Daniël van Gerven, Henk van Ravenhorst, Vera Gal, Mariken van Loopik, Maurits ter Haar and Bas Boutellier
10 March 2020

Digital Realty completes InterXion exchange offer

Despite the coronavirus outbreak and a 30% fall in oil prices, resulting in heavy losses on stock markets around the world, Digital Realty has completed its USD 8.4 billion exchange offer for Netherlands-based InterXion Holding N.V. De Brauw advised Digital Realty alongside Latham & Watkins. As an NYSE-listed US Real Estate Investment Trust, Digital Realty is subject to specific tax restrictions. Dutch company InterXion is also listed on the NYSE, and it has 50 data centres in 11 European countries. This transaction posed intertwining, complex legal and tax issues that had to be carefully navigated. Our firm’s extensive experience in this type of transaction and our cross-expertise teamwork were instrumental in achieving a successful completion. Read more about this deal here. De Brauw team: Paul Cronheim, Wiebe Dijkstra, Tijmen Klein Bronsvoort, Myrthe van der Klei, Klaas Versteeg, Willem Bijveld, Rozemarijn Vernooij, Joppe de Bruijn, Casper Nagtegaal, Sanne Veenstra, Bojana Prlja, Pim Siemons, Sophia van Straalen, Stephanie The, Fatima el Ghamarti, Barbara Kloppert, Daniel van Gerven, Tim Bird, Etienne Dijkhorst, Alisha Autar, Thijs Elseman, Anna Sablicova, Koen Orbons, Laura Elize de Vries and Bart de Rijke.

'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 Europe
Chambers Europe2021

Insights

29 January 2021

Best Friends group leads European M&A league table by volume and value

The Best Friends group finishes the year 2020 leading the European M&A league tables by both volume and value, acting in 220 deals valued at USD 248,7 bn.
14 October 2020

Foreign investment screening in Dutch vital sectors – what we know so far

The Dutch government recently took the extraordinary step of announcing that any investments in vital sectors affecting national security will be subject to a notification and screening mechanism that has yet to be introduced. A draft FDI screening bill has now been published for consultation and, once the envisaged legislation enters into force, the screening mechanism will apply retroactively to investments made after 2 June 2020. In related news, an act to prevent undesirable control in the telecommunications sector came into force on 1 October 2020. Both developments provide some insight about what a future FDI screening mechanism might look like. We explain the potential implications in this article.
14 October 2020

Investment screening in the Dutch telecoms sector as of 1 October 2020

A bill introducing screening of acquisitions (or retention) of predominant control in a telecoms party has come into force In the Netherlands. The Minister of Economic Affairs and Climate Policy will now assess whether a transaction of this kind results in a threat to the public interest, such as abuse or deliberate potential disruption of telecommunication services. The Minister has the power to require guarantees to address the threat or, as a last resort, prohibit the acquisition or retention of control. Under the new law, any investor intending to acquire predominant control of relevant influence in the Dutch telecoms sector will have to notify the Minister. This new notification and screening regime is not limited to “traditional” telecoms providers, but also extends to internet hubs and data centres.