Indofin Group, the investment company, owned by the De Bruin family, has acquired a majority shareholding of 62% in IHC Merwede, the second largest shipbuilder in the Netherlands.

Indofin Group, the investment company, owned by the De Bruin family, has acquired a majority shareholding of 62% in IHC Merwede, the second largest shipbuilder in the Netherlands. The other principal shareholders, Rabo Capital and IHC Merwede management and staff reduced their stake to 10% and 28% respectively. De Brauw Blackstone Westbroek acted as legal adviser to Rabo Capital on this divestment.

Indofin has obtained this significant stake in IHC Merwede by partially taking out each of its co-shareholders. Rabo Capital announced that it has reached its strategic goal with IHC Merwede. "In 2005, after the split from IHC Caland, we continued to support IHC Merwede," explains Sipko Schat, member of the Management Board of Rabobank Nederland. "IHC Merwede is excelling in a highly competitive marketplace, and to our great satisfaction, is achieving healthy results. We will stay involved in the company as a shareholder and lender".

Team
Arne Grimme (lead partner), Okke Suurenbroek, Natascha Schreuder, Celeste Dees, Willemijne Adank; Florence Hinnen, Eva van den Berg; Jan Marten van Dijk, Ferdinand Hengst, Vincent de Bruin and Angelique Groen-Boon.