1 May 2013

Joh. A. Benckiser-led investor group makes public offer for D.E MASTER BLENDERS 1753

De Brauw Blackstone Westbroek advises D.E MASTER BLENDERS 1753 on the intended public offer by a group of investors, led by investment firm Joh. A. Benckiser, to acquire all issued and outstanding ordinary shares. The offer values 100% of the equity at approximately EUR 7.5 billion.

D.E MASTER BLENDERS 1753 will continue to be a separate legal entity with its headquarters and global R&D centre in Amsterdam. The investor group will finance the intended offer through a combination of approximately EUR 3 billion of debt and approximately EUR 4.9 billion of equity. ​

The intended offer comes within one year after the spin-off from Sara Lee and the listing of D.E MASTER BLENDERS 1753 on NYSE Euronext Amsterdam, transactions on which De Brauw Blackstone Westbroek also acted as legal adviser.

Team: Jan Willem Hoevers (lead partner), Sacha Leeman, Simone Kooij, Willem Bijveld, Niek Biegman, Pim van Leersum, Martin van Olffen, Gertjan Kuipers, Martijn Snoep, Stefan Sagel, and Janneke van der Kroon.